Yesterday, the Bank of England raised interest rates again, with the current rate hitting 1.75 percent, the biggest increase in 27 years.
The increase will make it more difficult for people to borrow money, but it will encourage savings, aiming to reduce spending and lower prices.
Inflation has been rising for months and is now set to reach more than 13 percent, making it difficult for many to afford basic goods and services.
With all this going on, there is a leadership void in the Government, with a Prime Minister on his way out in a month and a Tory Party leadership contest still undecided.
So, what is to blame for the recession?
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