Bank of England increases interest rates to 1.25%
The Bank of England has increased interest rates from 1% to 1.25%. This is the fifth. consecutive rate rise.
This increase in interest rates is an attempt to control the soaring cost of living.
The Bank of England’s Monetary Policy …
UK inflation rate rises to 9% in April 2022
The Consumer Prices Index (CPI) measure of inflation rose to 9% in April 2022, according to the Office for National Statistics. CPI was 7% in March 2022.
It is almost impossible to remember that CPI was as low …
Bank of England increases interest rates to 1%
The Bank of England has increased interest rates from 0.75% to 1%. This is the fourth consecutive rate rise.
This increase in interest rates is an attempt to control the soaring cost of living.
The Bank of England’s Monetary Policy …
Bank of England increases interest rates to 0.75%
The Bank of England has increased interest rates from 0.5% to 0.75%.
This increase in interest rates is an attempt to control the soaring cost of living.
The Bank of England’s Monetary Policy Committee (MPC), who set interest rates, voted …
Bank of England increases interest rates to 0.5%
The Bank of England has increased interest rates from 0.25% to 0.5%. This is the second UK interest rate increase in a row.
This rise in interest rates is manly an attempt to control the recent spike in the cost …