The Bank of England has held the interest rate at 5%.
The split among members of the Monetary Policy Committee (MPC) was 8-1.
Eight board members chose to hold interest rates at 5%, while one member of the Bank of England board decided to lower it to 4.75%.
#interestrates #ukeconomy #inflation
Read more: https://news.sky.com/story/uk-interest-rates-an-outlier-after-decision-to-hold-13217578
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