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The Week
The Week
National
The Week Staff

DARK SECRETS: Will interest rates come down again - The Real Truth

Bank of England raises base rate to surprising 5% after inflation stayed higher than experts predicted

The Bank of England has increased its base interest rate from 4.5% to 5% in a bid to tame inflation. It is the 13th hike in row and the highest the rate has been for 15 years. 

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