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Bank of England leaves rates on hold amid Brexit uncertainty

Bank of England leaves rates on hold amid Brexit uncertainty

Bank of England leaves rates on hold amid Brexit uncertainty

The Bank of England has left interest rates on hold at 0.75% as expected but flagged “greater uncertainty” around the Brexit negotiations.

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Interest rates: What the rise means for you

The Bank of England has raised interest rates from 0.5% to 0.75% after much speculation.

Expectations of a strengthening economy, solid employment levels, more consumer spending and the potential for wages to rise have all played a part in the decision.

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