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hello and welcome, and let me confirm the bank of england has raised interest rates by a half of 1%, as anticipated, to 3.5%, that is the highest rate in 14 years, a period in which interest rates in the uk have been kept at an historic low, but they have started to go up and they are going up now and quite significant amounts each month, up by 0.5% in the latest decision by the bank of england, and it of course follows what has been happening around the world, in terms of the increase in energy prices and all of those other factors impacting on inflation, and we had the latest inflation figures here yesterday, 10.8%, down from 11.1% the month before. but that is the issue that the bank of england is targeting when it looks at what to do with