Bank of England raises interest rates for fourteenth time in a row

Описание к видео Bank of England raises interest rates for fourteenth time in a row

Bank of England interest rates went up for the fourteenth time in a row today, to 5.25 per cent, meaning more pain for mortgage holders across the country.

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But there was better news on prices, with the Bank forecasting today that - as pledged by the government - inflation would fall by half by the end of the year, to below 5 per cent.

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