Bank of England hikes base rate again

The Bank warned of "crystallising" risks pushing inflation upwards as it decided to increase its base rate to 5.25% from 5%. It is the 14th rate increase in a row.

But in a good sign for the Prime Minister, the Bank said it expects the Government to meet its promise to halve inflation by the end of the year.

The Daily Express is looking for strong views from business owners on how the rate rise will affect them and when they think rates will or should come down again.

Three to four paragraphs would be ideal, but please be quick as we want to get reaction out asap.