When will the Bank of England cut interest rates?
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The Bank of England held interest rates at a 16-year high of 5.25 per cent for the seventh time in a row at their latest meeting of the Monetary Policy Committee (MPC). The decision came despite a fall in inflation figures, which showed price rises of just 2 per cent in May, meeting the BoE […]
U.K. inflation at 10.1% in March, concerns for Bank of England
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The U.K. experienced unexpected double-digit inflation in March due to the ongoing struggles of households to cope with rising food and energy bills.