The Bank of England has raised interest rates to a 13-year high of 1 per cent warning of inflationary threat.
The Bank warned that headline inflation rate is set to top 10 per cent this year and economy is stalling. First forecast since the Ukraine war began highlights fears of lower growth and pain for years to come
Food has gone up over 25% on nearly every item and still rising.
Dear 'Merica; One assumed Joe Biden is zipping across the pond by night?
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Bank of England raises interest rates to 13-year high of 1% to curb inflationFourth successive rate rise to highest level since February 2009 comes amid cost of living crisis It seems the whole world is going to raise interest rates. Fuck. The govts are now letting the banks get on the greed train.
Source: The Guardian - 🏆 84. / 53 Read more »
Bank of England expected to hike interest rates 13-year high todayGovernor Andrew Bailey laid out a darkening picture for the UK as the base rate was increased by 0.25 percentage point to a 13-year high of 1 per cent. Oh know 🤔… Get rid of the LiarAndLaebreaker . So this is what BorisJohnson meant by ‘Build Back Better’. 🤔 ToryBrexitDisaster ToriesUnfitToGovern
Source: DailyMailUK - 🏆 7. / 90 Read more »
Bank of England raises interest rates to 1% - the highest rate in 13 yearsThe cost of living squeeze tightened for thousands of London home owners as the Bank of England raised its benchmark interest rate to one per cent And more to come
Source: Evening Standard - 🏆 92. / 53 Read more »
Bank of England raises interest rates to 1% as inflation expected to hit 40-year highInflation is set to top 10 per cent as the economy tips into recession putting further strain on household budgets, the Bank of England warned today.Officials a LoanSharkSunak is causing a Recession They wouldn’t have to rise if our government wasn’t giving it all away in aid to other countries(lining pockets).This is ludicrous, the rich are getting richer!! Trading bitcoin is hard so i am correctly investing with an expert of a trading platform which have paid me 3 times in the last 1 months ago still hoping on my May profit dm my account manager and start earning more than your salary weekly stephinieweller success at last
Source: The Times - 🏆 71. / 59 Read more »
Recession warning as Bank of England hikes interest ratesInterest rates have not been this high since the aftermath of the aftermath of the financial crisis in 2009 I never thought of meeting a legit bitcoin trader after been scammed many times at my age but the heavens sent elizabeth_anth guided me and help me make a living through bitcoin with my coinbase app, I recommend you to meet her now and also be a beneficiary of good work
Source: The Independent - 🏆 57. / 63 Read more »
Bank of England expected to raise interest rates despite faltering economyEconomists predict a minimum 0.25 point rise as households contend with cost of living crisis No surprise is it! And the rags so called experts will have been shown to have been wrong AGAIN Inflation is worldwide and corporations are trying to claw back. If governments flood the world with covidrelief there will always be consequence and inflation is one of those things. I and millions others need interest to protect my savings
Source: The Guardian - 🏆 84. / 53 Read more »