Channel 4 News
@channel4news·4.2M subscribers·26.4K videos
Bank of England raises interest rates for fourteenth time in a row
Posted
August 3, 2023
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78,312
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as posted by the channelBank of England interest rates went up for the fourteenth time in a row today, to 5.25 per cent, meaning more pain for mortgage holders across the country.
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But there was better news on prices, with the Bank forecasting today that - as pledged by the government - inflation would fall by half by the end of the year, to below 5 per cent.
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