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    Monthly Cash Review State Street GBP Liquidity LVNAV Fund

    The Bank of England defied most market expectations in December with a decision to hike the Bank rate by 0.15% to 0.25%. UK inflation climbed faster than expected to another new high and the unemployment rate fell again from 4.3% to 4.2% in the three months to October. Further restrictions were implemented by the UK government as a precautionary measure against the Omicron COVID-19 strain.

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