Bank of England holds interest rates steady

As most analysts predicted, the Bank of England held interest rates steady at 3.75 on Thursday 10 April amid continuing uncertainty.

Source: Financial Times

The Bank of England on Thursday decided to keep interest rates on hold at 3.75 per cent, in spite of recent data that have prompted worries about a weakening British economy.

Sterling strengthened slightly on the decision, which was not accompanied by a statement from the Bank.

Most analysts had predicted that rates would probably be kept on

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