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UK raises interest rate: 25 basis point hike brings rate to 4.25 percent

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The bank of England could raise interest rates following steps taken by US federal reserve.
Cost of living in the UK is still rising with inflation coming in at 10.4% last month.
Consumer prices jump the most in four months while analysts expected a decline to 9.9%.

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#BritishPound #Sterling #UKInterestRate #UKCostOfLiving #UKEconomy #UKMortgage
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