UK interest rates left unchanged

The Bank of England left interest rates unchanged on Thursday at 3.5 per cent. The decision was widely predicted after the MPC made a quarter point cut at its last meeting.

Source: Financial Times

The Bank of England on Thursday decided to leave interest rates on hold at 3.5 per cent, on the back of strong data on consumer borrowing and retail sales.

The decision follows July's 8-1 vote by members of the Bank's monetary policy committee to cut rates by a quarter-point to 3.5 per cent, their lowest

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