• Home
  • Tags
  • Bank of England

Bank of England news and archive


Bank of England increases interest rates to 5.25 percent

The Bank of England has hiked interest rates to their highest level in 15 years. On Wednesday, The Bank of England’s Monetary Policy Committee (MPC) voted by a majority of six to three to increase the interest rates by 0.25 percentage points to 5.25 percent. Two members preferred to increase the rates by 0.5 percentage points to 5.5 percent,...