Bank of England hikes interest rates by 0.5% to 3.5%; Gas prices jump sixfold

Name: Bank of England hikes interest rates by 0.5% to 3.5%; Gas prices jump sixfold
Uploaded: 2022-12-15T16:05:24+00:00
Duration: 68 s
Channel: Evening Standard
Description: Thousands of London families were dealt a new cost of living blow on Thursday when the Bank of England ordered a 0.5 per cent rise in interest rates to a 14 year high of 3.5 per cent.

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Thousands of London families were dealt a new cost of living blow on Thursday when the Bank of England ordered a 0.5 per cent rise in interest rates to a 14 year high of 3.5 per cent.