Interest rate hits 'shock' 5% after 0.5 percentage point increase
It comes after the UK's official inflation rate failed to fall as expected in May, staying at 8.7% - well above the bank's 2% target.
Thursday 22 June 2023 21:58, UK
It comes after the UK's official inflation rate failed to fall as expected in May, staying at 8.7% - well above the bank's 2% target.
Thursday 22 June 2023 21:58, UK
