Rate of 5.25% maintained for the sixth time.
Interest rates to remain at 16-year high
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Current Affairs
UK no longer in recession
Country exits recession with fastest growth in 2 years.
Higher mortgage rates hit property rebound
Potential homebuyers being deterred by high prices.
MPs warn unfair banking is harming small firms
Treasury Committee says confidence among SMEs has fallen.
Interest rates drop delayed to next month
Rate remains unchanged since August last year.
UK predicted slowest growth among rich nations
GDP is only expected to rise by approximately 1% in 2025.
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