BBCNEWS Outside Source July 6, 2024
we start here in the uk, where the bank of england has raised interest rates to their highest level for m years. the increase will leave millions of households facing higher mortgage payments at a time when many people are already struggling with crippling energy and food bills. the bank has raised rates by half a percentage point, to 4%. the aim — to make it more expensive to borrow and spend so businesses and households rein in, meaning less upward pressure on prices. uk inflation ...
Source: archive.org