Chancellor responds to Bank of England interest rates decision
Thursday, 11 May 2023 13:13
The Chancellor's response to the Bank of England's interest rates
decision is below Chancellor Jeremy Hunt said: “Although it is good
news that the Bank of England is no longer forecasting recession,
today’s interest rate rise will obviously be very disappointing for
families with mortgages. But unless we tackle rising prices, the
cost of living crisis will only carry on - which is why we need to
be resolute in sticking to our plan to halve inflation by the end
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