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Interest rates – live: Bank of England hikes rate despite mortgage fears

By DavidBa
March 23, 2023
in :  ENTERTAINMENT

The Bank of England has raised interest rates to a 15-year-high, piling further pressure on mortgage holders. Rates went up to 4.25 per cent in the 11th consecutive rise, after yesterday’s shock jump in inflation outweighed fears of a banking crisis that has rocked the financial world. The Monetary Policy Committee moved in the light of similar hikes by the …

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