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9-12-04 01:24
Bank of England leaves rate unchanged

By JOHN ROWLING


Interest rates have stayed at 4.75 percent for the fourth month running.

Following the final monthly meeting of 2004, the Bank's Monetary Policy Committee (MPC) decided to take no action amid signs of a slowing economy.
 
The Bank's base lending rate has stood still for the past four months, having risen five times between November 2003 and August 2004.


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