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UK stocks on the FTSE 100 experienced a decline as the market anticipates the upcoming decision by the Bank of England (BoE) regarding interest rates. This uncertainty has contributed to bearish sentiment among investors. Additionally, surging oil prices, with Brent crude exceeding $114 per barrel, are raising concerns about inflationary pressures. The dual factors of heightened energy prices and potential monetary policy shifts are creating a volatile environment for UK equities. Investors are advised to remain cautious while monitoring developments from the BoE.