Bank of England holds rates at 3.75% in 6-3 split vote as inflation hits five-month high

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Policymakers keep steady course as jobs market comes under strain and Iran war pushes up energy costs Business live – latest updates The Bank of England has kept interest rates on hold despite growing concern over inflation as the Iran war pushes households into a fresh cost of living crisis. Against a volatile backdrop in global markets as the fighting in the Middle East intensifies, the Bank’s monetary policy comm…

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