Bank of England 'walking a tightrope' as interest rate hike set to tip UK into recession | UK | News
The Bank of England has heaped eve more pressure on businesses and households as it hiked interest rates again in yet another bid to tame inflation.
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The Bank of England has heaped eve more pressure on businesses and households as it hiked interest rates again in yet another bid to tame inflation.
Mortgage holders today faced more pain after the Bank of England unexpectedly pushed up interest rates to 5 per cent, the highest level in almost 15 years.
Mortgage holders today faced more pain after the Bank of England unexpectedly pushed up interest rates to 5 per cent, the highest level in almost 15 years.
Britain's households face further mortgage pain as interest rates soar and monthly costs surge, with things unlikely to improve while inflation stays stubbornly high.
Britain's households face further mortgage pain as interest rates soar and monthly costs surge, with things unlikely to improve while inflation stays stubbornly high.