HomeBank of England raises rates by most since 1995 despite recession’s approachFILE PHOTO: Illustration shows plastic letters arranged to read “Inflation”

FILE PHOTO: Illustration shows plastic letters arranged to read “Inflation”

FILE PHOTO: Plastic letters arranged to read "Inflation" are placed on British Pound banknote in this illustration taken, June 12, 2022. REUTERS/Dado Ruvic/Illustration
FILE PHOTO: Bank of England (BoE) building seen in London
FILE PHOTO: Increased petrol and diesel prices
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