Bank of England's Rate Hold: Reeves' Budget Nightmare

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Fridays

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Brace yourself: the Bank of England just threw a curveball at the UK economy! Interest rates are staying put, and that spells trouble for Rachel Reeves' upcoming budget. High rates, stubborn inflation, and the Bank's bond-selling plans are creating a perfect storm of financial pressure, potentially forcing Reeves to make some seriously tough choices on spending cuts or tax hikes. Find out how this all unfolds and what it means for your wallet. Hosted on Acast. See acast.com/privacy for more information.

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