Bank of England unveils biggest interest rate hike in 27 years, warns of lengthy recession (31)

WION 2022.08.04 18:17
Edited By: Srishti Singh Sisodia London, UK Updated: Aug 04, 2022, 08:16 PM(IST) Bank of England Photograph:( Reuters ) Bank of England (BoE) on Thursday (August 4) unveiled the biggest interest rate rise in 27 years and also warned that Britain will sink into a lengthy recession later this year as inflation rockets even higher.
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