Bank of England bumps interest rates up 0.5% to 1.75%; warns of a recession by the end of the year
Today’s rate rise is the biggest increase in 27 years, and comes as the BoE warns that the UK will be in a long recession by the end of this year.
Today’s rate rise is the biggest increase in 27 years, and comes as the BoE warns that the UK will be in a long recession by the end of this year.