Skip to footer
Marriner S. Eccles Federal Reserve Board Building
Photo: Illustrative image — Photo: AgnosticPreachersKid, CC BY-SA 3.0, via Wikimedia Commons

business

City AM Shadow MPC urges Bank of England to hike interest rates

Wednesday 04 November 2026 3:00 am | Updated: Tuesday 03 November 2026 5:19 pm The Shadow MPC has called for interest rates to be hiked.

Updated 1 min read

Wednesday 04 November 2026 3:00 am | Updated: Tuesday 03 November 2026 5:19 pm The Shadow MPC has called for interest rates to be hiked. The Bank of England should raise interest rates on Thursday in order to “protect credibility” and stamp out any risks of inflation spiralling out of control, top economists have said.

Latest updates

City AM Shadow MPC urges Bank of England to hike interest rates

Banks are being forced to compete harder for customers, as the housing market remains sluggish and higher rates put people off moving home.

Sources

Topics