ADVERTISEMENT

ADVERTISEMENT
Economy

BoE raises interest rates to 4%

As part of its summary, the MPC said the decision comes as global consumer price inflation remains high, although it is likely to have peaked across many advanced economies

The Bank of England (BoE) has announced that interest rates will be raised by 0.5%, bringing the base rate of interest to 4%, the highest level in 14 years. 

Show More
Back to top button