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Faisal Islam: Bank of England is trying to manage expectations

Discover how rising interest rates and oil prices are impacting the UK economy. With mortgage costs soaring and global borrowing rates climbing, households face increased financial pressure. Andrew Bailey highlights the disproportionate eff...

BBC News· Apr 30, 2026 · 6:19 PM · 3 views

Discover how rising interest rates and oil prices are impacting the UK economy. With mortgage costs soaring and global borrowing rates climbing, households face increased financial pressure. Andrew Bailey highlights the disproportionate effect on the less affluent, as the nation braces for further economic turbulence. #UKEconomy #InterestRates #OilPrices #MortgageCosts #EconomicChallenges

Originally reported by BBC News. Read the full story →

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