BoE leaves UK rates unchanged at 4 per cent

UK - The Bank of England on Wednesday left its key lending rate steady at a 37-year low of 4.0 percent.

In deciding not to add to the seven rate cuts it has already made this year, the Bank's Monetary Policy Committee confirmed economists' suspicions that resilient consumer sentiment meant there was no need for lower borrowing costs right now.

Despite a manufacturing recession and a noticeable slowdown in the larger services sector, Britain's economy grew 0.5 percent in the third quarter and is

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