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The Independent UK
The Independent UK
National
Alastair Jamieson

Bank of England expected to hike interest rates again despite softening inflation

EPA

Homebuyers and borrowers face more misery from rising Interest rates on Thursday as the Bank of England seeks to calm inflation despite data showing that prices eased slightly in November.

In what will heap further pressure on mortgage-holders, the nine members of the Monetary Policy Committee (MPC) will make a decision that could push up the amount that millions of borrowers have to pay their banks every month.

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