Coffee House Shots

Shock as interest rates hiked to 5 per cent

11 min listen

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. 

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