{
  "id": 18312909,
  "title": "Interest rate rise in midst of cost of living crisis will leave many incredulous",
  "url": "https://urgent.news/2026/11/05/interest-rate-rise-in-midst-of-cost-of-living-crisis-will-leave-many",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-05T13:10:44.000Z",
  "source": {
    "name": "Guardian Business",
    "slug": "guardian-business",
    "url": "https://www.theguardian.com/business/2026/nov/05/interest-rate-rise-in-midst-of-cost-of-living-crisis-will-leave-many-incredulous"
  },
  "original_language": "en",
  "account": null,
  "summary": "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…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}