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Evening Standard
Evening Standard
Business
Michael Hunter

Bank of England interest rate hike looms as main event in a blockbuster week for the economy

Bank of England policymakers are set to raise interest rates again on Thursday

(Yui Mok/PA)

(Picture: PA Wire)

Londoners are approaching the biggest moment in blockbuster week for the economy, one which will set the tone for homeowners, consumers and investors alike into 2023.

Next up is the set-piece event at the top of the bill -- the Bank of England’s December announcement on interest rates. A hike is all but certain and will pile pressure on mortgage holders, with policymakers determined to tame double-digit inflation.

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