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Jerry Lockspeiser: It’s time the Bank of England joined us in the real world

Published:  28 June, 2023

The Bank of England’s decision to increase the base rate to 5% is a stab in the eye to under pressure businesses and struggling consumers. It would be hard enough to swallow if it were the right medicine for the illness. When it is based on a misdiagnosis it is unacceptable.

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