The Bank of England wants to frighten workers into submission ...Middle East

The National.Scott - Economy
The Bank of England wants to frighten workers into submission
source : The National.Scott ( Middle East ) () 48
WE had news on inflation this week. It has not fallen. In response, we got the seemingly inevitable reaction from the Bank of England. They have put up interest rates, yet again, this time by a disastrous 0.5 percentage points. That brings the official interest rate to its highest level (5%) since 2008.

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