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Felixstowe port employees to strike after talks fail

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Negotiations over wages has led to several rail strikes over summer, as employees seek higher salaries to maintain up with sharp price rises for goods and services. The Bank of England has warned the UK will fall into recession in the ultimate three months of this yr when inflation is ready to hit greater than 13%. It announced the most important rate of interest rise in 27 years – up 0.5% – to 1.75% in an effort to calm inflation.

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