The Financial institution of England has raised rates of interest by half a share level to five p.c – greater than many economists had predicted.
Inflation in Britain is now the very best of any main superior financial system.
This newest price rise will have an effect on 1.4 million owners seeking to remortgage.
It’s also threatening to erode assist for the Conservatives of their normally protected seats in southern England.
Al Jazeera’s Charlie Angela experiences from Haslemere, United Kingdom.
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