bank of england
The Bank of England just kept base rates at 5.25% for the fourth time in a row.
And what does it mean for the government's economic plans?
Andrew Bailey said the outlook was among the worst he had ever seen.
Inflation has dropped, but it's still far from where the Bank of England want it to be.
Apparently, it “wasn’t possible” and the prime minister “did it”. Many disagree.
The prime minister has made growing the economy one of his five promises to voters.
Why was this announcement met with so much nervous anticipation?
Rising interest rates are still a problem.
The Bank of England increased interest rates to 5.25%, up from 5%.
As the Bank of England is again poised to hike interest rates to get inflation under control, extreme measures are being proposed.