The Bank of England is expected to announce a further interest rate hike next week in an effort to bring down inflation, which has remained stubbornly high.
LONDON DAILY ARCHIVE
Government Takes Steps to Ease Economic Strain as Inflation and Interest Rates Rise
The Chancellor of the Exchequer, Jeremy Hunt, has stated that the government is "doing what we can to help people through a difficult patch" in response to rising inflation and interest rates.
14 June 2023 · 23:11 UTC
