Spooked markets tumble after Bank of England's interest rate hike

Spooked markets tumble after Bank of England's interest rate hike

Betty 0 1 10.11 01:58
Markets in London and When you loved this information and you would love to receive more information concerning e marketing project pdf i implore you to visit our own page. across Europe have tumbled today after the Bank of England marketing ethics lifted interest rates to an almost 14-year high in a bid to combat rampant inflation ahead of Chancellor Kwasi Kwarteng's tax-cutting budget tomorrow.

The move by the Bank is set to heap more misery on families as it increases the base rate by another 0.5 percentage points to 2.25 per cent and increasing the burden for mortgage payers.

class=Although this was lower than the 0.75 per cent rise many had expected, the central bank has admitted the UK is almost certainly already in recession with GDP set to fall for e marketing kya hai a second quarter in a row e marketing and social media the Government's energy bill freeze set to come into effect.

Comments