With growing inflationary pressures, Bank of England expected to keep interest rates on hold on Thursday
Rachel Reeves, the chancellor, said:
I know families are finding it tough and that for many the economy feels stuck. That’s why I’m determined to bring costs down and support people who are facing higher bills.
Through our Plan for Change we are taking action — raising the National Living Wage, extending the £3 bus fare cap, and expanding free school meals, to put more money in people’s pockets while we work to build a stronger, more stable economy that rewards hard work.
Continue reading…With growing inflationary pressures, Bank of England expected to keep interest rates on hold on ThursdayRachel Reeves, the chancellor, said:I know families are finding it tough and that for many the economy feels stuck. That’s why I’m determined to bring costs down and support people who are facing higher bills.Through our Plan for Change we are taking action — raising the National Living Wage, extending the £3 bus fare cap, and expanding free school meals, to put more money in people’s pockets while we work to build a stronger, more stable economy that rewards hard work. Continue reading…
