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Bank of England announces interest rates hike
Video Credit: ODN
Published on August 4, 2022 - Duration: 04:42s
Bank of England announces interest rates hike
The Bank of England has announced 0.5 per cent increase in interest rates, the biggest hike since 1995.
It has also predicted a 15-month recession, with living standards falling by 5 per cent.
Report by Brooksl.
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Bank of England
Central bank of the United Kingdom
The governor of the Bank of England has signalled the UK is still on course for an interest rate cut as official figures show a further easing in the pace of..
Credit: Sky News - Published 1 week ago
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