A rapid interest rate rise seems inevitable – and households are expected to pick up the tab

Nov 14, 2026 · 4:00 PM UTC · 0 reactions · 0 comments · 9 views

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Raising borrowing costs too far risks laying waste to whatever growth there is in the economy A head of steam is building up behind the Bank of England raising interest rates again. With the latest forecasts by the central bank showing inflation rising to 5% next spring, another increase in the cost of borrowing seems inevitable, and may come as soon as next month. A growing number of analysts predict the Bank’s policymakers will don Scrooge masks when they meet on 17 December to deliver a messa

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Original publisher	World news \| The Guardian
Canonical URL	https://www.theguardian.com/business/2026/nov/14/interest-rate-rise-phillip-inman-inflation-economy
Publication time	Sat, 14 Nov 2026 16:00:48 GMT
Retrieval time	2026-11-14T16:35:54.324Z
Last seen	2026-11-14T16:35:54.324Z
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