, which hit seven per cent in March and is now expected to have reach nine per cent in April when the cap on energy bills rose 54 per cent, and peak at 10 per cent in the Autumn.
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Bank of England warns of recession as it lifts interest rate\n\t\t\tKeep abreast of significant corporate, financial and political developments around the world.\n\t\t\tStay informed and spot emerging risks and opportunities with independent global reporting, expert\n\t\t\tcommentary and analysis you can trust.\n\t\t see my naked photos Oh well, back to the good old days..... Just like the 70's. Still, it's what they voted for! Raising interest rates when there is a supply side problem is problematic for the economy, would it not just be more expedient to place more stringent requirements and higher rates on mortgages to stem asset inflation.
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