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The National (Scotland)
The National (Scotland)
National
Adam Robertson

Biggest interest rate hike since 2008 crash expected in bid to control inflation

Bank of England Interest Rates MPC James Smith Samuel Tombs
The Bank of England is expected to hike interest rates to their highest level since 2008

MARKETS believe the Bank of England will unveil the biggest hike in interest rates for over three decades when its decision makers gather for a delayed meeting. 

The Monetary Policy Committee (MPC) is expected to increase interest rates by 0.75 percentage points to 2.5%. 

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