On Thursday, the Bank of England is widely expected to raise interest rates to 0.5% in order to rein in 30-year high inflation. This story will be in the news throughout the week so there are a lot of chances for media coverage. One simple question:
- Should the Bank of England raise interest rates this week?
Please answer the question and explain your reasons why. One to two short paragraphs MAX please. If you're a Premium Newspager, your response will be edited by a seasoned journalist (note our fees are going up on Monday night!). We're going to issue your views to the local and national media tomorrow (Monday) morning sharp.