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Bank of England leaves interest rates unchanged

Mark Carney

The Bank of England has left interest rates at a record low of 0.25% after signs the economy has held up more strongly than it was expecting following the vote to leave the EU. But policymakers left the door open for another interest rate cut before the end of the year.



IMF urges G20 to champion globalisation at China summit

The International Monetary Fund (IMF) has called for the leaders of the world’s leading economies to make a positive case for globalisation after voicing concern that prolonged slow growth and rising inequality is eroding support for free trade and open markets.