London Stocks Fall as Bank of England Boosts Rates More Than Expected

London Stocks Fall as Bank of England Boosts Rates More Than Expected

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The Bank of England increased its key interest rate by 50 basis points to 5% on Thursday, surprising economists who had largely expected an increase of a quarter-percentage point. The increase is the 13th consecutive rate hike for the central bank of the U.K., which is coping with the highest infla

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