![](http://web.archive.org./web/20200408183717im_/https://novaramedia.com/wp-content/uploads/2018/08/AndrewMilliganSumoFlickr-424x238.jpg 424w, http://web.archive.org./web/20200408183717im_/https://novaramedia.com/wp-content/uploads/2018/08/AndrewMilliganSumoFlickr-460x259.jpg 460w, http://web.archive.org./web/20200408183717im_/https://novaramedia.com/wp-content/uploads/2018/08/AndrewMilliganSumoFlickr-204x114.jpg 204w, http://web.archive.org./web/20200408183717im_/https://novaramedia.com/wp-content/uploads/2018/08/AndrewMilliganSumoFlickr-314x176.jpg 314w, http://web.archive.org./web/20200408183717im_/https://novaramedia.com/wp-content/uploads/2018/08/AndrewMilliganSumoFlickr-664x373.jpg 664w, http://web.archive.org./web/20200408183717im_/https://novaramedia.com/wp-content/uploads/2018/08/AndrewMilliganSumoFlickr-1304x733.jpg 1304w)
![](http://web.archive.org./web/20200408183717/https://novaramedia.com/wp-content/uploads/2018/08/AndrewMilliganSumoFlickr-460x197.jpg)
Why Has the Bank of England Decided to Raise Interest Rates?
Our current economic malaise won’t be solved by an interest rate hike. If anything, last week's move from the Bank of England is likely to make things far worse, argues Grace Blakeley.
We are always working to improve this website for our users. To do this we use usage data facilitated by cookies and external services. For more information read our Privacy Policy