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![Protesters gather outside Bank of England as interest rates rise for 14th time in a row](https://cdn.jwplayer.com/v2/media/OfBIhpBd/poster.jpg?width=720)
00:58
Protesters gather outside Bank of England as interest rates rise for 14th time in a row
Protesters demonstrated outside the Bank of England on Thursday, 3 August, as interest rates rose for the 14th time in a row.
Campaigners from Positive Money staged the action to demand the government introduce a windfall tax on bank profits.
The Bank warned of “crystallising” risks which were pushing inflation upwards as it announced an increase in its base rate to 5.25 per cent from 5 per cent.
It said that it expects the government to meet its promise to halve inflation by the end of the year.
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