INTEREST rates could surge to almost 5.5% in a desperate bid to tackle high living costs.
Inflation as measured by the Consumer Price Index - eased from 10.1% in March to 8.7% last month, the Office for National Statistics said.
But that was higher than forecast and more than four times the Bank of England's 2% target.
Economists reckon the under-fire Bank will hike rates again, starting next month from 4.5% to 4.75%.
Denne historien er fra May 25, 2023-utgaven av Daily Mirror UK.
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Denne historien er fra May 25, 2023-utgaven av Daily Mirror UK.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Keely: Put athletics back on track
KEELY HODGKINSON wants to fire athletics into football's stratosphere after launching her own indoor meeting for 2025.
SHAMROCK 'N' ROLL FOOTBALL
25 years after his two goals, McPhail faces Chelsea again ...this time from the touchline
PLUM JOB
As you pour brandy over your Christmas pudding on Wednesday and set it aflame, spare a thought for the factory workers who were responsible for creating your showpiece festive dessert.
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ED ENERGY BILLS HOPE
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Hugh and his co-stars return in festive special prostate story
