Bank of England raises interest rates to 13-year high of 1% to curb inflation

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Bank of England raises interest rates to 13-year high of 1% to curb inflation
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Fourth successive rate rise to highest level since February 2009 comes amid cost of living crisis

has raised interest rates to their highest for 13 years, with a 0.25 percentage point increase to 1%, as it responds to soaring inflation.

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