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Bank of England follows Fed with rate hike

The Bank of England has followed the US Federal Reserve in raising interest rates. Both economies are battling the highest level of inflation in years, and hope tighter monetary policy will curb the spiralling price rises. Also in the show – Australia's new government commits to more ambitious emissions reductions targets, and tv critics question Netflix's plans for a reality show based on the life-or-death hit Squid Game.

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