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UK economy
UK diesel prices hit record high of 199.18p per litre
UK diesel prices have reached a record 199.18p per litre due to geopolitical tensions and disrupted oil shipping routes, pushing family car fill-ups to £110.
Bank of England holds interest rates at 3.75% in split vote
The Bank of England maintained the base rate in a 6-3 split vote, balancing rising energy costs and inflation against the risk of stifling economic recovery.