UK interest rates raised to 1.25% by Bank of England

by 24britishtvJune 16, 2022, 2 p.m. 18
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The Bank's spies in every region of the economy say they do not pick up any sign of a reduction in demand for labour. Hence the rise to a rate that would still be considered low by historic standards, but may prove rather high to an economy, to homeowners and businesses that have become accustomed to ultra low rates after the financial crisis.

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