In the News
Ten Years on from the last UK Interest Rate Rise
5th July 2017
It is now a decade since the Bank of England last raised their policy interest rate but a decade on from that decision, the UK and global economy is in a very different place. According to Chris Giles from the FT, even small rate rises from 0.25% to 0.5% might have a significant impact - key to this view is the staggeringly high level of household debt.
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