UK interest rates remain at 4.75%
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The Bank of England keeps UK rates on hold for the second month in row after fears of cooling house prices.
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The Bank of England leaves interest rates unchanged at 4.75%, after weak UK retail and manufacturing data.
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Despite signs of a poor Christmas for British retailers, the Bank of England (BoE) will likely refrain on Thursday from cutting interest rates from the current level of 4.75 percent.
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UK interest rates are expected to remain at 5.75% following the Bank of England's latest meeting.
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Bank of England policymakers were widely predicted to freeze British interest rates at 4.75 percent after a surprise hike to borrowing costs last month, experts said.
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All nine members of the Bank of England&#39;s Monetary Policy Committee voted to leave base interest rates steady at 4.75 percent earlier this month, though some
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HOUSE prices have shown their largest decline in four years, according to figures out yesterday. The data came as the Bank of England announced that its interest rates would stay at 4.75 per cent.
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British interest rates stayed at 4.75 percent for the fourth month running on Thursday, but economists are split over whether the Bank of England will raise borrowing costs again next year.
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Bank of England policymakers voted unanimously to leave interest rates unchanged at 4.75 percent earlier this month and did not even consider a hike, official records showed, reinforcing expectations that borrowing costs are at or near a peak.
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The Bank of England (BoE) announced Thursday it decided to leave its interest rate unchanged at 4.75 percent in September following recent signs of cooling in the property market and a dampening of consumer spending.
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The Bank of England decides to keep UK interest rates unchanged at 5.75% this month.
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Despite signs of a poor Christmas for British retailers, the Bank of England will likely refrain on Thursday from cutting interest rates from the current level of 4.75 percent, analysts said.
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The Bank of England is widely expected to leave rates on hold at 4.75% at its latest interest rate meeting.
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The Bank of England held interest rates steady at 5.5 percent on Thursday, resisting calls for a cut amid mounting signs of a slowing domestic economy.
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UK interest rates may have peaked at their current level of 4.75%, the Bank of England has signalled in its quarterly inflation report.
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The Bank of England&#39;s Monetary Policy Committee voted unanimously to keep interest rates steady at 4.75 percent earlier this month, but analysts say another
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The Bank of England's nine-member monetary policy committee voted unanimously to raise interest rates by 25 basis points to 4.75 percent earlier this month, official records showed.