Author: News Desk

Today’s news summary – Paper Talk Friday’s front pages are dominated by economics and the cost of living. The Bank of England has decided to raise interest rates and confirmed the UK will not fall into recession, but confirmed inflation is not forecast to fall below the target of 2% until 2025. Interest rates risen The Daily Express questions the trustworthiness of the Bank of England after its predictions of a recession and high unemployment rates were “wrong, wrong, wrong.” Expert Richard Murphy criticises the Bank’s decisions to raise interest rates calling it “cruel and pointless,” in the Daily Mirror,…

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