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How does inflation affect me as Bank of England raises it to 1.75 per cent

The Bank of England today voted to raise interest rates to their highest level since 2008. This is also the single-biggest rise since 1995.
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https://www.heraldscotland.com/news/national/uk-today/20600967.inflation-affect-bank-england-raises-1-75-per-cent/

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