Cyprus Mail30 Jul 2026

Bank of England keeps interest rates on hold at 3.75 per cent

Bank of England keeps interest rates on hold at 3.75 per cent

The Bank of England kept interest rates on hold as expected on Thursday, but a third policymaker backed a rate hike due to renewed conflict between the United States and Iran.

The Monetary Policy Committee voted 6-3 to keep rates at 3.75 per cent rather than the 7-2 split most ​economists polled by Reuters had expected....

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