BBCNEWS Breakfast June 4, 2024 05:09:00
That's their justification for bringing in the biggest interest rate rise in more than a quarter of a century — to 1.75%. if we don't act now — and i realise how difficult this is, i realise, as we're saying, particularly for those those on lower incomes, particularly those with higher borrowing costs... but if we don't act, inflation will become more embedded, it will get worse and we will have to raise interest rates by more, and that — yeah, we have to act to prevent, to stop that. and savers, borrowers and many of those with a mortgage are getting to terms with what all this means fo...