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The Independent UK
The Independent UK
National
Holly Bancroft

Bank of England poised to hike interest rates to 1.25% in battle against inflation

Bank of England Interest Rates Inflation Andrew Bailey Ben Broadbent Huw Pill Jon Cunliffe Laith Khalaf
REUTERS

The Bank of England is expected to hike interest rates again on Thursday as it struggles to temper rising inflation and poor economic growth.

The Bank’s monetary policy committee is expected to hike the base rate of interest for the fifth time in a row - to a rate of 1.25 per cent.

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