The Bank of England's historically sharp interest rate hike on Thursday - the steepest increase for 30 years - will bring a 'huge human cost', Andrew Marr has said.
"Today, the Bank of England raised interest rates to 3%, the sharpest increase for 30 years. It said we were already in a recession, deeper than expected, which would be “very challenging” and last for 2 years, the longest since the First World War."
"So if ever a financial decision deserved hard cross examination, it's this one. Some leftish economists blame the Bank of England itself," Andrew added.every Monday to Thursday from 6pm to 7pm
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Bank of England due to announce biggest interest rate rise since the 1980sThe Bank of England is expected to unveil the biggest interest rate rise since the 1980s on Thursday as it tries to control runaway inflation which is battering British households.
Lire la suite »
Bank of England announces biggest interest rate rise in more than 30 yearsBREAKING: The Bank of England has unveiled the biggest interest rate rise in more than 30 years, which could see Homeowner's annual mortgage repayments go up by hundreds of pounds.
Lire la suite »
Bank of England hikes interest rates to highest for 14 yearsThe Bank warned that the UK could be on course for two years of uninterrupted recession.
Lire la suite »
Bank of England expects UK to fall into longest ever recessionThe Bank of England raises interest rate to 3% from 2.25% as it warns UK faces a 'challenging' two-year slump.
Lire la suite »
Bank of England raises interest rates by 0.75 percentage points\n\t\t\tKeep abreast of significant corporate, financial and political developments around the world.\n\t\t\tStay informed and spot emerging risks and opportunities with independent global reporting, expert\n\t\t\tcommentary and analysis you can trust.\n\t\t
Lire la suite »