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Bank of England keeps interest rates at 3.75% as Iran conflict weighs on economy
Why this matters: a developing story that could shape the day's news cycle.
Higher energy costs due to the closure of strait of Hormuz are expected to boost inflation and slow UK growth Business live – latest updates Bank of England policymakers have left interest rates on hold at 3.75%, as they continue to weigh the impact of the Iran conflict on the economy. The decision
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