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Housing Market Sees 3rd Interest Rise In 3 Months

This afternoon’s decision by the Bank of England to raise UK interest rates to 0.75% was widely expected due to inflation reaching its highest level in 30 years and the financial uncertainty caused by Russia’s invasion of Ukraine. The Monetary Policy Committee voted 8-1 in favour of raising the rate today from 0.5% to 0.75%, the third…

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