UK interest rates set to be held at 4.75% after inflation rises again

NAMPA / DPA

2024-12-19

London (PA Media/dpa) - UK interest rates are expected to remain at 4.75%, with rising inflation and wage growth persuading the Bank of England's policymakers to keep rate cuts on pause, experts think. The bank will announce the results of its next policy decision on Thursday. The verdict will come a day after new official figures showed UK inflation increased in November for the second month in a row. The cost of train travel, petrol, and live e......

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