Bank of England Delivers Biggest Interest Rate Hike In 30 Years | Read
PUBLISHED ON: November 4, 2022 | Duration: 1 min, 11 sec
The Bank of England on Thursday raised the base rate of interest by 0.75 percentage points to 3 per cent, the single biggest increase in more than three decades, as it said the UK was already in recession which is likely to be the most prolonged since records began.
