Bank of England holds interest rates at 3.75% but warns war could force future rises

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The Guardian

Bank of England holds interest rates at 3.75% but warns war could force future rises

Central bank announces surprise plan to sell billions of pounds in government bonds back to the Treasury Business live – latest updates The Bank of England has kept interest rates on hold as it warned a continuation of the current bitter fighting in the Middle East could force it to raise borrowing costs amid mounting fears over inflation. It also announced a surprise plan to sell billions of pounds in UK governmen…