# Rate rise amid cost-of-living crisis will leave many incredulous

https://mins.news/en/item/130702

- The Guardian, 2026-11-05 13:10 UTC
- Economy
- Original: https://www.theguardian.com/business/2026/nov/05/interest-rate-rise-in-midst-of-cost-of-living-crisis-will-leave-many-incredulous

> The Bank of England raised interest rates by 0.25 percentage points to 4% as households face a second cost-of-living crisis in four years. The article says the move runs counter to the OBR’s outlook for lower inflation and weak wage-growth impetus, noting pressure on business margins and a looser labour market.

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