business · The Guardian
Interest rate rise in midst of cost of living crisis will leave many incredulous
Thursday, November 5, 2026 · 1:10 PM
Bank’s decision goes contrary to analysis from Office for Budget Responsibility that predicts lower inflation and little impetus for wage growth Bank of England raises interest rates to 4% Business live – latest updates An interest rate rise by the Bank of England to 4% is a big call when households are suffering from a second cost of living crisis in four years. Many people will be incredulous when they hear of the
This dispatch was composed for The Fennark Chronicle from a public news wire. The original publisher holds the full report; Fennark reprints the lead for this edition's page.
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