Coffee House Shots

Shock as interest rates hiked to 5 per cent

11 min listen

In This Episode

James Heale speaks to Isabel Hardman and Kate Andrews as the Bank of England announced it has hiked interest rates to 5 per cent. Faced with inflation, a looming mortgage crisis and personal debt, Rishi Sunak said today he is ‘100 per cent on it’. But can he turn things around?

Produced by Natasha Feroze. 

Read next

Trending

Henry Jeffreys

It’s time to stop the war on Malbec

The German historian Johann Wilhelm von Archenholz wrote about British tastes in alcohol in the eighteenth century: ‘In London they liked everything that is powerful and heady.’ Not much has changed since then. Blame it on the weather, blame it on the food or blame it on the good times, the British have always liked their drink

Also in Politics

Similar to

Latest

Comments

Join the debate for just $5 for 3 months

Be part of the conversation with other Spectator readers by getting your first three months for $5.

Already a subscriber? Log in