Analysts predict interest rate rise for UK in July

The chances of a July hike in British interest rates increased today after it emerged borrowers came within a whisker of a back-to-back rise earlier this month.

Analysts predict interest rate rise for UK in July

The chances of a July hike in British interest rates increased today after it emerged borrowers came within a whisker of a back-to-back rise earlier this month.

Bank of England policymakers voted by the slimmest of majorities to hold interest rates at 5.5% in June, minutes of their two-day meeting revealed.

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