Bank of England warns of 'longest recession' as interest rates rise to 3 per cent

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Bank of England warns of 'longest recession' as interest rates rise to 3 per cent
Danmark Seneste Nyt,Danmark Overskrifter
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The Bank of England has announced it is reasing interst rates by 0.75 percentage points to 3% - thw largest single hike since the 1980s.

faced calls to come to the Commons or give a press conference to explain how mortgage-holders will be helped following ahead of the hike in interest rates.

“He should either come to Parliament or hold a press conference to announce support for families facing mortgage bill rises worth hundreds of pounds a month.

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