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Nov 3, 2022

It’s the Bank of England’s turn to raise interest rates

From the BBC World Service: With U.K. inflation running above 10%, the country’s central bank is poised to make its biggest rate increase in 30 years. Plus, Netflix rolls out cheaper subscriptions, which have adverts. And, authorities in Indonesia say contaminated medicine syrup was likely responsible for a spike in child deaths in the country.

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The Bank of England has had a busy month with an emergency bond-buying program and its continuing efforts to dampen inflation.
The Bank of England has had a busy month with an emergency bond-buying program and its continuing efforts to dampen inflation.
Chris J Ratcliffe/Getty Images

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It’s the Bank of England’s turn to raise interest rates