Bank of England holds rate of interest at 4.75% after November inflation rise

The Bank of England has held its base charge at 4.75% – as many analysts had predicted.

The Bank’s Monetary Policy Committee voted to maintain the speed the identical by a majority of 6-3.

Deputy governor Dave Ramsden, alongside Swati Dhingra and Alan Taylor, had been outvoted in calling for a reduce to 4.5%.

Read extra: https://news.sky.com/story/money-personal-finance-guinness-blog-live-sky-news-13040934

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