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Bank of England Raises UK Interest Rate to Fresh 15-Year High of 5.25%

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The Bank of England said on Thursday that it had decided to raise its base interest rate by 25 basis points to 5.25%, the highest figure since 2008.
« The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment.

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