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News 2026-09-24 15:44 UTC

Bank of England rate setters warn of 'sparks in the tinderbox'

By David Milliken and Andy BruceTwo senior Bank of England interest rate-setters suggested on Thursday that they were getting closer to voting for an increase in borrowing costs, as unrelentingly high energy costs raised the risk of inflation getting stuck at high levels.Deputy Governors Clare Lomb…