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Bank of England

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Thursday, 02 November 2017 14:45

Bank of England doubles base rate to 0.5%

The Bank of England has today increased its base rate by 25 basis points from 0.25% to 0.5% - the first increase for 10 years.

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British retirees living abroad and claiming a UK State Pension could see their pensions hit if the pound is devalued.
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