Desperate times call for desperate measures. The Bank of England, effectively the United Kingdom version of the Federal Reserve, has raised interest rates by the highest rate in 33 years.
The Bank of England's Bank Rate, or the cost of borrowing money, rose by 0.75% to 3%. According to the Monetary Policy Committee , the Bank of EnglandU.K. Interest rates hockey stick to 3%. Source: BankofEngland
🚀Thankss a millon
Have to be a fool to keep your money in the bank , only leave enough to pay bills.
🚀Thnkss a millon
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