Andrey Yermak is suspected of being implicated in a major graft scandal in Ukraine, with …
Read More »Bank of England holds interest rates at 4% as Rachel Reeves’ Budget looms
The Bank of England has voted narrowly to hold interest rates at 4%, pausing further cuts amid stubborn inflation and growing uncertainty ahead of Chancellor Rachel Reeves’ pivotal Budget later this month. In a closely split decision, the Monetary Policy Committee (MPC) voted 5–4 to maintain the current rate, with Governor Andrew Bailey casting the deciding vote. Bailey said he …
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