The latest increase is the highest base rate in 14 years.
Bank of England raises interest rates to 4%
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The latest increase is the highest base rate in 14 years.
Business leader confidence hits its highest level since March 2022.
Britain is expected to be the only G7 country in recession this year.
Non-payment has increased since the Covid-19 pandemic.
Over half of UK taxpayers receive more in benefits than they pay in tax.
Transport costs fall but energy and food prices remain high.
Rising tax burdens and energy bills are also impacting profitability.
MPC votes 6-3 to increase the rate by 0.5%.
The annual inflation rate reduced by 0.4% in the past month.