Bank of England

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Interest rate hike piles ‘even more pressure’ on hospitality

22 June 2023 by

The Bank of England has raised interest rates to 5% amid growing concerns this will put "even more pressure" on hospitality.

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UKHospitality hits back at Bank of England plea for businesses not to increase prices

24 March 2023 by

UKHospitality has hit back at the Bank of England governor’s call for businesses not to increase prices, something it claims is “simply impossible if we want to have a viable hospitality sector left in a year’s time”.

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