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Bank of England holds interest rates at 5.25% for seventh time in a row

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The Bank of England's nine-person Monetary Policy Committee voted 7-2 in favour of holding interest rates at 5.25% for the seventh time in a row.

This will come as a blow to borrowers, who will continue to pay a high rate on any loans they take out - like mortgages.

Read more: https://news.sky.com/story/inflation-latest-interest-rates-bank-of-england-money-sky-news-blog-13040934

#skynews #economy #interestrate #uk

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Category
World
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