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AGGREGATED External reporting by The Guardian — World. This page summarizes the publisher's feed entry; the full article is on www.theguardian.com.

Interest rate rise in midst of cost of living crisis will leave many incredulous

THE GUARDIAN — WORLD · Phillip Inman ·

Image accompanying: Interest rate rise in midst of cost of living crisis will leave many incredulous
Image: The Guardian — World

Bank’s decision goes contrary to analysis from Office for Budget Responsibility that predicts lower inflation and little impetus for wage growth Bank of England raises interest rates to 4% Business live – latest updates An interest rate rise by the Bank of England to 4% is a big call when households are suffering from a second cost of living crisis in four years. Many people will be incredulous…

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