Bank of England raises interest rate by 0.5 percentage points
Published
Surprise increase to 5 per cent follows higher-than-expected inflation figures
Full ArticlePublished
Surprise increase to 5 per cent follows higher-than-expected inflation figures
Full ArticleThe Bank of England has imposed a 0.5 percentage point interest rate rise - a figure that was bigger than expected.
The Bank of England has shocked economists and investors by raising interest rates half a percentage point to 5% - the highest..