'The reliable boyfriend delivers': Bank of England unanimously votes to raise rates

Tom Eckett
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'The reliable boyfriend delivers': Bank of England unanimously votes to raise rates

The Bank of England's (BoE) Monetary Policy Committee (MPC) has unanimously voted to increase interest rates by 25 basis points to 0.75%, the highest level in almost a decade.

Despite the weaker-than-anticipated CPI inflation at 2.4% in June, the MPC minutes said inflation would remain above target for the forecast period. The minutes said: "The MPC continues to recognise...

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