Bank of England Hikes Interest Rates to 2.25%; Gov't Faces Backlash After Fracking Ban Lift

The Bank of England has hiked interest rates to 2.25 percent and is warning the economy may already be in a recession. The government has lifted the ban on fracking to secure Britain's energy independence, but it's facing backlash from its own MPs over the risk of earthquakes. Prime Minister Liz Truss in her speech to the U.N. General Assembly warned leaders of democracies against complacency.