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Daily Mirror
Daily Mirror
Business
Sam Barker

Join us LIVE as we explain how Bank of England interest rate hike affects you

The Bank of England is expected to announce its biggest interest rate hike in 33 years this afternoon - and if it does, it'll have serious consequences for our wallets.

Experts think the Bank's Monetary Policy Committee will vote to up its rate by 0.75 percentage points - from 2.25% to 3% - to try to cool inflation.

But whatever the Bank does, some British households lose out.

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