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Bank of England hikes borrowing rates more than expected

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The Bank of England has raised interest rates by half a percentage point to 5 percent - more than many economists had predicted.
Inflation in Britain is now the highest of any major advanced economy.
This latest rate rise will affect 1.4 million homeowners looking to remortgage.
It is also threatening to erode support for the Conservatives in their usually safe seats in southern England.

Al Jazeera’s Charlie Angela reports from Haslemere, United Kingdom.

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