Pound sterling: Bank of England says it won't hesitate to raise interest rates - BBC News

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“The Labour party now has got its act together” Labour peer Peter Mandelson says the Conservatives have “thrown away” their reputation for fiscal discipline, and Labour can capitalise on this Newsnight

Quote Message: The Bank is monitoring developments in financial markets very closely in light of the significant repricing of financial assets.

Quote Message: In recent weeks, the government has made a number of important announcements. The government’s Energy Price Guarantee will reduce the near-term peak in inflation. Last Friday the Government announced its Growth Plan, on which the Chancellor has provided further detail in his statement today.

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