LARGE PROTESTS OVER BANK OF ENGLAND 7.75% INTEREST RATE HIKE!

Protestors have formed outside the BOE over the decision by the bank to rapidly increase and fix the interest rate at 7.75%. The decision has caused inflation to crater, now entering the negative territories sparking fears of a deflationary spiral. The bank is yet to comment on the protests or justify their decision to fix interest rates at 7.75%.