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The oppression goes on
Summary by Tax Research UK
1 Articles
1 Articles
The oppression goes on
This is from the Bank of England statement on the interest rate change decision made yesterday: At its meeting ending on 5 November 2025, the Monetary Policy Committee voted by a majority of 5–4 to maintain Bank Rate at 4%. Four members voted to reduce Bank Rate by 0.25 percentage points, to 3.75%. Critically, they followed that statement with this: CPI inflation is judged to have peaked. Progress on underlying disinflation continues, supported …
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