The Bank of England has shocked economists and investors by raising interest rates half a percentage point to 5% – the highest level since 2008.
In the minutes alongside the decision, the bank said higher inflation, especially services inflation, meant it had to act faster to bring prices under control.
We’ll answer your questions on the state of the economy with a panel of experts.
#SkyNews #CostOfLiving #InterestRate
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What about the poor people like myself whom have worked hard all their live sometimes 2 jobs worked simultaneously, who cannot even at the age of 46 afford to get a mortgage and never have had..! i wish i was in their position and they are moaning.,mortgage holders don't know how lucky they are.
$pent it!
Sunak says he’s on it and it’s going to be OK! Sadly he’s talking about his family finances not yours 😊
Of course he is gonna be OK with a 700M fortune.. cost of living doesn't effect him. He can't relate to common folk
sorry what did the millionaire say?
That’s it. 35 years working full-time every hour. Now, I face losing my home & stating a new life as a homeless, unemployed person.
Yet, this guy tells me not to worry & everything is under control……