#Inflation

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British pound banknotes are displayed in a close-up shot as the Bank of England considers further interest rate increases. Photo: Clément Proust, Pexels

Bank of England signals further rate hikes as inflation nears 5%

The Bank of England is expected to raise interest rates again following a warning from chief economist Huw Pill. Households face mounting pressure from inflation, higher energy price caps and rising council tax bills.

#Inflation

Bank of England signals further rate hikes as inflation nears 5%

November 15, 2026