Biggest interest rate hike in 25 years could mean a showdown at the Bank

A Bank of England thunderbolt awaits. After postponing its decision after the period of national mourning for the Queen’s death, Threadneedle Street could this week launch the biggest hike in borrowing costs in at least 25 years. Announcing its plans a day before the Kwasi Kwarteng mini-budget on Friday, the central bank is expected to …

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