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Bank of England set to rise interest rates for first time since 2023

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Bank of England set to rise interest rates for first time since 2023
Photo / Coverage: The Independent - UKCredit: Anna Wise
EXECUTIVE SUMMARY

Inflation is expected to be pushed higher this winter after Ofgem's energy price cap rose by 3.6% for a typical household on October 1

Key Takeaways

  • Bank of England set to rise interest rates for first time since 2023.

Inflation is expected to be pushed higher this winter after Ofgem's energy price cap rose by 3.6% for a typical household on October 1

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Published originally on The Independent - UK

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