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If inflation is not brought back to target then it will get worse, Bank of England governor Andrew Bailey has warned.
Mr Bailey said that while he is "very aware" of the impact the interest rate hike will have on those who are struggling financially, the situation could get worse if nothing is done.
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Mr Bailey said that while he is "very aware" of the impact the interest rate hike will have on those who are struggling financially, the situation could get worse if nothing is done.
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Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí https://www.youtube.com/channel/skyne...
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