Interest rates rise by 0.5% as Bank of England says UK ‘already in recession’

Interest rates rise by 0.5% as Bank of England says UK ‘already in recession’

The UK interest rate is now the highest level since the 2008 financial crisis

interest rates rise 0.5%

@get_nous

Last week, the Bank of England announced a 0.5% rise in interest rates to 2.25%. By May next year, it's expected t… https://t.co/JgO4uQWOqQ

Posted on: 2022-09-29 12:42

@Roberto76963723

Andrew Bailey and the MPC need to be put on notice to improve their game-their rate rise of just 0.5 % may have sig… https://t.co/xTRFOLkjhn

Posted on: 2022-09-29 09:18

@IGI63962891

@MartinSLewis At a rate of 0.25 and 0.5% Interest rates were always going to rise the issue is people have taken ou… https://t.co/cm8b4MICc6

Posted on: 2022-09-29 08:09

@NFTMando

RT @BonaDeaCrypto: #Bank of England raises #interest rates to 2.25% — 0.5 percentage point increase as #UK inflation continues to rise, now…

Posted on: 2022-09-28 23:27

@MandShenton

RT @nw_nicholas: I’m a #MortgagePrisoner - every time the interest rates go up, the vulture fund that bought my mortgage at a discount, Hel…

Posted on: 2022-09-28 20:33

@SamBuist

@PJChapman74 @biscuitsgod @DPJHodges I agree a small rate rise (0.5 to 0.75) would be best. But interest rates of 6% would be devastating.

Posted on: 2022-09-28 19:45

@ValuablOfficial

@Simibit1 It's not a perfect measure, but Switzerland has: • 269% private debt to GDP ratio (fourth largest) • 34 p… https://t.co/4Rd526Jzpx

Posted on: 2022-09-28 13:21

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments