05/05/2022
Bank of England raises interest rates from 0.75% to 1% this is the highest level since 2009
https://www.bbc.co.uk/news/business-61319867?fbclid=IwAR36Nu9k4LW1-812SquqYLfuP5UleMB560vyiZHr9U_owD7nADxN-i9i-3U
The Bank of England also warns that the UK economy is set to shrink next year as the cost of living rises.