Why have interest rates gone up?

Clear Finance like to offer helpful, current and transparent information. The current cost of living crisis is unprecedented, due to the dynamics. People are struggling more than ever and a recession seems likely, however the Bank of England are putting up rates?

Read information on why this is happening from the Bank of England themselve!  https://www.bankofengland.co.uk/knowledgebank/why-are-interest-rates-in-the-uk-going-up

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