# Interest rate rise in midst of cost of living crisis will leave many incredulous

- Source: Guardian World
- Published: 2026-11-05T13:10:44+00:00
- Category: World
- Original: https://www.theguardian.com/business/2026/nov/05/interest-rate-rise-in-midst-of-cost-of-living-crisis-will-leave-many-incredulous
- Canonical: https://groundlevelnews.com/story/interest-rate-rise-in-midst-of-cost-of-living-crisis-will-leave-many-i-720b7d/

Bank’s decision goes contrary to analysis from Office for Budget Responsibility that predicts lower inflation and little impetus for wage growth Bank of England raises interest rates to 4% Business live – latest updates An interest rate rise by the Bank of England to 4% is a big call when households are suffering from a second cost of living crisis in four years. Many people will be incredulous wh

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