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The Independent UK
The Independent UK
National
Maryam Zakir-Hussain and Martha McHardy

Interest rates – live: UK ‘set for recession’ as under-fire bank chief attacks businesses

Getty/iStock
Bank of England hike interest rates to 5 per cent

Bank of England governor Andrew Bailey is the “chief ostrich”,  a furious senior Tory has said in a blistering on the central bank following yesterday’s interest rate hike.

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