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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Bank chiefs set to shun another interest rate rise as they embrace a ‘gradual and limited’ approach

The Bank last month raised the base rate for only the second time in a decade Analysts say it is unlikely to repeat the move at Thursday’s meeting

Data is expected to show the economy grew 0.4% in the three months to July. Rates are expected to be held this week

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What could Brexit mean for the UK property market?

With the Brexit deadline fast approaching, there has been a great deal of speculation as to what the UK’s withdrawal from the European Union will mean for the UK’s property and alternative finance markets.

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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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