BoE raises interest rates to 0.5%

The news comes as the BoE said inflation is on course to hit a 30-year high, and is expected to peak at 7.25% in April, and average close to 6% throughout 2022

The Bank of England (BoE)  has raised interest rates for the second time in three months to 0.5%, up from 0.25% previously. 

Show More
Back to top button