Base rate stays at 40-year low

Professional Adviser
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The Bank of England's Monetary Policy Committee has agreed to keep the UK's base interest rate at 4%...

The Bank of England's Monetary Policy Committee has agreed to keep the UK's base interest rate at 4% this month just days after Eddie George, governor of the BoE said interest rates may need to rise again to counter consumers spending. This leaves the base rate at its lowest level for 40 years.

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