•••PHOTOGRAPH:DANNYLAWSON/PALatestraterisesparksTorycallsfortaxcutsPhillipInmanRowenaMasonLarryElliottRishiSunakisundermountingpres-surefromConservativeMPstoboostBritain’sstrugglingeconomyaftertheBankofEnglandsignalledthattherewouldbenorespitefromthehighinterestrateshittinghouseholdsandbusinessesuntilwellintonextyear.TheBankpromptedcallsfortaxcutsandapackageofsupportforthehousingmarketafteritraisedratesfora14thtimeinarow,withthecumulativeimpactofdearerbor-rowingmeaningageneralelectionexpectedinlate2024wouldtakeplaceagainstabackdropofabarelygrowingeconomy.TheBankannouncedaquarter-pointincreaseininterestratesto5.25%andgaveastronghintthatfurtherriseswoul...
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