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 …
Bank of England increases interest rates to 0.25%
The Bank of England has increased interest rates from 0.1% to 0.25%. This is the first UK interest rate increase since rates were cut to 0.1% in March 2020.
This rise in interest rates is manly an attempt to control …
Bank of England holds rates at 0.1%
The Bank of England has kept UK interest rates at 0.1%, but indicated future interest rate rises were likely. Interest rates have been at this level since March 2020.
The Bank of England’s Monetary Policy Committee (MPC), who set interest …
Bank of England holds interest rates at 0.1%
The Bank of England has held UK interest rates at 0.1%.
The Bank of England’s Monetary Policy Committee (MPC), who set interest rates, voted unanimously to leave interest rates unchanged at 0.1%.
The MPC also voted unanimously for the Bank …