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Sirat Bhalla

Sirat Bhalla

Sirat is the Globalist's UK and Europe correspondent. She is pursuing an MSc in International Political Economy and is an alumni of the Political Science Department of the University of Delhi. Her interests lie in the areas of financial crisis, the politics of money, trade, global business, financial markets and emerging economies.

On November 2, the Bank of England’s (BOE) Monetary Policy Committee announced its decision to maintain the interest rate of 0.1% before this holiday season. When most British families are …