Interest rates: Why is the UK suffering more than Europe and the US?

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Added 9 months ago by VideoK

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The Bank of England is expected to increase its interest rate for the 14th time in a row today since December 2021.

Deputy PM Oliver Dowden joins Sky News to discuss the economy ahead of the BoE's announcement - and says why he thinks the UK is suffering more from the impact of the war in Ukraine than the rest of Europe and the US.

Read more: https://news.sky.com/story/politics-latest-prime-minister-rishi-sunak-to-announce-net-zero-funding-while-labour-attacks-tory-crime-record-12593360

#interestrates #bankofengland #economy

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