Bank of England raises interest rates to 3.5% in ninth increase in a year
Majority of MPC rate-setters back hike of 0.5 percentage points despite fears UK is entering a long recession
Below is an instruction that describes a task. Write a response that appropriately completes the request.

### Instruction: Bank of England raises interest rates to 3.5% in ninth increase in a year

### Response: Majority of MPC rate-setters back hike of 0.5 percentage points despite fears UK is entering a long recession