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Evening Standard
Evening Standard
Business
Anna Wise

Bank of England set to raise interest rates again as high inflation sticks

The Bank of England is poised to raise interest rates for the 13th time in a row after disappointing inflation figures showed price rises have not eased.

The UK’s Consumer Prices Index (CPI) was unchanged in May at a rate of 8.7 per cent, according to the Office for National Statistics.

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