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Evening Standard
Evening Standard
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Mark Blunden

The Leader podcast: Mortgage and rent woe after Bank interest hike

Leader Podcast Bank of England

The Bank of England hiked interest rates again on Thursday (John Walton/PA)

(Picture: PA Wire)

As the heavens opened over London, there’s a financial storm brewing.

The Bank of England has decreed the steepest interest rate hike since 1989, with a jump of 0.75 percentage points to three per cent, as it steps up the fight against soaring inflation.

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