Bank turns bleak as inflation mounts
Aug 12, 2022
2 minutes
Alex Rankine
Markets editor
he Bank of England has set off “the most piercing of warning sirens”, says Faisal Islam on the BBC. Last week the Bank’s Monetary Policy Committee (MPC) raised interest rates by half a percentage point to 1.75%, “the largest interest-rate rise in a quarter of a century”, while
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