UK inflation rose for the first time in five months in December, complicating the outlook for interest rates ahead of the Bank of England’s next policy decision. Data published by the Office for ...

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The Bank of England is widely expected to maintain the current base interest rate at 3.75% in its first Monetary Policy Committee (MPC) decision of the year, following a recent uptick in inflation.

The Bank of England’s Monetary Policy Committee held UK interest rates at 3.75% as conflict in the Middle East forced the ...