Interest rates are expected to rise to their 13-year high today, after Boris Johnson said Britain was in a better position to tackle spiraling inflation now than in the 1980s and 1990s.
The Bank of England is expected to raise interest rates from 0.75% to 1% in a bid to curb inflation, which peaked at 30 in March.
The announcement, on the day voters go to the polls, comes amid growing concerns in the government about the economic impact of the war in Ukraine and the slowdown in growth in the United States.
Shell announced this morning that its main profits jumped to a record $ 9.13 billion in the first three
Add Comment