It is expected of the Bank of England
to follow USA Rate Rise, today.

We are now at 1.25%



Up to a small amount
compared to USA

[Bank of England is set to make biggest hike
in interest rates for 27 years to 1.75 per cent
tomorrow as experts warn inflation
could hit 15 per cent
Bank of England may raise interest
rates in aim to bring inflation under control
Previous predictions forecast that
inflation would peak at around 11 per cent
But the Resolution Foundation today
warned further financial misery may come
Report finds it is 'plausible' that inflation
could rise to 15 per cent at start of 2023]


https://www.dailymail.co.uk/news/art...-tomorrow.html

The country is already on it's arse after 12 years of austerity crippling us. There will be riots in the streets pretty soon. The wealth of the richest 85 people in the world, is now the equivalent of the poorest 3.5 billion. We need a French style revolution once and for all.

when i was a lad it was over 20%

Was that before or after you fought in the battle of Hastings? :smug:

Battle ... the name of the place that it actually happened (funnily enough :laugh:) is about 15 miles from me

1:25% to 1.75%


Just announced

[Interest rates rise to 1.75% in biggest hike for 27 years]

https://news.sky.com/story/interest-...years-12665163

Bank Of England :
Recession predicted to happen soon
to last more than a year
due to energy increases price

Bank of England Conference
now Live

SkyNewsHD
BBCnewsHD

Over year of recession and rampant inflation, what a time to be alive :notimpressed:

Over the next year, Truss
must help us better


Like as soon as she is leader
A Budget

Press ITV news
asked about Truss
and tax cuts and a budget.

The Bank Of England
will not speak on the Race.

Many Reporters are saying we need an Emergency Budget

rampant inflation is great if you can still manage to afford the essentials

Seen it all before, dont worry about it :laugh: just invests in some vests and woolly jumpers while you can

Very worrying times.

Half a percent rise

so from 1:75% to 2:25%

Next BOE meeting, due in 2 months
so November


https://www.bbc.co.uk/news/live/business-62968429