Bank of England holds interest rate for second time
2nd Nov 2023
UK interest rates have been left unchanged at 5.25% by the Bank of England in a move economists had expected.
It follows September's decision, which also left the rate unchanged.
The Bank had previously raised rates 14 times in a row to tame inflation, leading to increases in mortgage payments but also higher savings rates.
https://www.bbc.co.uk/news/live/business-67289625
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