The Bank of England has decided to maintain current interest rates, following its last reduction in December. The ongoing upheaval in the Middle East has contributed to uncertainty, impacting the Bank's ability to consider further rate cuts.
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Bank maintains interest rates amid concerns over energy prices
The Bank of England has opted to keep interest rates unchanged, having last reduced them in December. The decision is influenced by ongoing instability in the Middle East, which has raised concerns regarding high energy prices.
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Interest rates held as Bank warns of impact of high energy prices
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Bank maintains interest rates amid concerns over energy prices