Bank of England raises interest rate to 0.25%

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Bank of England raises interest rate to 0.25%
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BREAKING: The Bank of England raises its main interest rate to 0.25% as inflation pressures mount in Britain

Most economists polled by Reuters had expected the BoE to keep Bank Rate at 0.1% due to a new surge in coronavirus cases.

Reporting by David Milliken and Andy Bruce Writing by William SchombergSubscribe for our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.

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