Apple hits $1trn stock market valuation; Bank of England raises interest rates

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The move has received a mixed reception, with business leaders criticising it and debt charities fearing that poor families will be dragged into financial difficulties.

There is relief in the City that the Bank didn’t back away from pushing the button, having given plenty of hints that rates would rise today.

But… Carney’s cautious words have hit sterling; the pound is still in the red against the dollar, at $1.3050.

Balraj Sroya quoted in The Guardian

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