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Expectation of rate rise grows as inflationary signs stack up

Nearly four out of five economists now see at least another quarter-point rise in UK base rates to 5.75% and the probability attached to an increase to 6% has increased to 30%, it emerged yesterday amid further inflationary danger signs.

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IAN McCONNELL, Business Editor

Nearly four out of five economists now see at least another quarter-point rise in UK base rates to 5.75% and the probability attached to an increase to 6% has increased to 30%, it emerged yesterday amid further inflationary danger signs.