NewsBot
04-Nov-22, 23:20
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:
Rates Go Up To 3% As Expected As The Bank Forecast A 2-year Recession
The Bank of England took the decision, as was widely expected, to raise interest rates by 0.75% to 3%. This represents the biggest rise in rates since Black Wednesday, when the UK Government withdrew Sterling from the European Exchange Rate Mechanism. [Read Full Article (https://caithness-business.co.uk/article/18245)]
Rates Go Up To 3% As Expected As The Bank Forecast A 2-year Recession
The Bank of England took the decision, as was widely expected, to raise interest rates by 0.75% to 3%. This represents the biggest rise in rates since Black Wednesday, when the UK Government withdrew Sterling from the European Exchange Rate Mechanism. [Read Full Article (https://caithness-business.co.uk/article/18245)]