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Bank of England holds rates, warns rise possible if energy prices stay high

The Bank of England kept interest rates unchanged for the sixth consecutive meeting, but cautioned that a future increase becomes more likely if energy prices remain elevated. Policymakers said high energy costs are a key factor shaping their outlook, leaving the door open for tighter monetary policy later this year.

Based on publisher excerpts

BBC Business ↗Interest rates held but Bank signals rise if energy prices stay high