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Get the free app no ads · no paywallNews · 18 June 2026
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Britain's main stock market index fell by as much as 1% as traders expect the Bank of England to raise borrowing costs. The Bank will announce its latest interest rate decision at midday, with most experts thinking they'll hold steady at 3.75%. However, traders are now betting rates will hit 4% by November, partly due to strong UK jobs figures.
Reported by The Telegraph · How we write briefs
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