UK interest rates expected to be held at 5.25%

2 hours agoBy Mitchell Labiak and Kevin Peachey, Business reporter & Cost of Living CorrespondentGetty ImagesInterest rates are expected to be held at 5.25% for the seventh time in a row by the Bank of England on Thursday.Despite inflation hitting the central bank's target level for the first time in three years, most economists have predicted rates, currently at a 16-year high, will not be cut.They believe the…