Bank of England interest rate rise fails to boost sterling
Published
Pound gives up early gains as investors worry about recession after bigger-than-expected 0.5 percentage point increase
Full ArticlePublished
Pound gives up early gains as investors worry about recession after bigger-than-expected 0.5 percentage point increase
Full ArticlePrime Minister Rishi Sunak said he was "totally, 100% on it, and it is going to be okay", while Bank of England governor, Andrew..
The Bank of England's interest rate has increased by 0.5 percentage points - a figure that was bigger than expected.