The UK is gripped by an economic crisis of its own making
October 01 2022, 08:00
A week ago, the Bank of England took a stab in the dark. It raised interest rates by a relatively modest half a percentage point to tackle inflation. It couldn't know the scale of the storm that was about to break.
A week ago, the Bank of England took a stab in the dark. It raised interest rates by a relatively modest half a percentage point to tackle inflation. It couldn't know the scale of the storm that was about to break.
Source:
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