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flag UK interest rates may stay at 4% until 2026, impacting millions of mortgage holders.

flag Economists predict UK interest rates could stay at 4% until 2026 due to economic concerns, causing the Bank of England's MPC to act cautiously. flag Rates were cut from 4.25% in August and are expected to remain unchanged at MPC meetings in November and December. flag This will affect millions of mortgage holders who may refinance at higher rates. flag UK inflation rose to 3.8% in July, and the unemployment rate remains high. flag Chancellor Rachel Reeves is expected to raise taxes in her autumn budget to balance the books.

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