Finance

Property green shoots put ‘in danger by BoE’s unnecessary rate rise’ to 4%

By 2023-02-02T13:55:00

Bank of England

Source: Shutterstock/ Anthony Shaw Photography

The Bank of England’s decision to raise the interest rate by half a percentage point to 4%, taking it to the highest level in 14 years, presents “a real risk to growth”, according to one industry expert.

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