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Bank of England maintains interest rate at 5.25%

21 Sep 2023

The Bank of England has left its interest rate unchanged at 5.25%, a day after inflation unexpectedly fell by more than expected.

The Bank's monetary policy committee (MPC) voted 5-4 - the narrowest possible margin - to leave the cost of borrowing unchanged.

Image representing Bank of England maintains interest rate at 5.25% from The Mortgage Shop