Daily Podcast: Why have interest rates gone up again?
August 4, 2023
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7:40Now PlayingDaily Podcast: Why have interest rates gone up again?
YouTube Description
as posted by the channelThe Bank of England has increased its base rate of interest by a quarter of a percentage point to 5.25% - marking the 14th increase in a row.
On the Sky News Daily, Leah Boleto speaks to our business correspondent Gurpreet Narwan about the decision to raise interest rates again, albeit to a level lower than some economists had predicted.
They explore the reasons behind the increase, the impact it has on the public and what future interest rates may look like.
You can listen to more from this episode on the Sky News app, or by clicking here to subscribe wherever you get your podcasts
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