Interest rates: why they could rise even while the UK economy remains in the recovery position - NewsBreak
By Martin in Business
Updated 3 years ago
The pandemic has been a bruising experience for the global economy. In response, many countries have kept interest rates low, to keep money moving at a time of extreme uncertainty. In the UK, rates have been at an all time low of 0.1% since March 2020. But this may be about to change.