Bank of England accused of 'locking in' on farm inflation with rate rise

Bank of England has announced an increase in the base rate to 5 per cent

Alex Black
clock • 2 min read
Bank of England accused of 'locking in' on farm inflation with rate rise

The Bank of England (BoE) has been warned it is ‘baking in' inflation for agri-food businesses as it raised the base rate to the highest level since 2008. The Agricultural Industries Confederation (AIC)...

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