Bank of England holds interest rates after 14 consecutive hikes

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The Bank of England has voted to leave interest rates unchanged at 5.25%, after a period of 14 consecutive hikes - a very significant moment for the economy.

The Bank revealed this was a tight decision and its governor cautioned against any hope that rates could soon fall.

Read more: https://news.sky.com/story/interest-rates-frozen-but-itll-still-be-painful-if-you-have-a-mortgage-12966195

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