Interest rates raised to 4.25% by Bank of England

Interest rates raised to 4.25% by Bank of England

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Interest rates have been increased to 4.25% from 4% by the UK's central bank in an attempt to slow rising prices. The Bank of England's decision to lift rates for the 11th time in a row comes after figures showed the cost of living rising by more than expected. Inflation jumped to 10.4% in the…

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