• Bank of England hikes rates to highest level since 2009

    Bank of England hikes rates to highest level since 20090

    The Bank of England has increased interest rates to their highest level for nearly 10 years after the summer heatwave helped the economy bounce back from a snow-hit start to the year. Members of the nine-strong Monetary Policy Committee (MPC) voted unanimously to raise the base rate from 0.5% to 0.75%. The move sees rates

    READ MORE
  • Bank of England expected to hike interest rates

    Bank of England expected to hike interest rates0

    The Bank of England is expected to hike interest rates to their highest level for almost a decade today. Members of nine-strong Monetary Policy Committee (MPC) are predicted to increase rates from 0.5% to 0.75% in what would mark only the second rise since the financial crisis struck, following last November’s quarter point hike. The

    READ MORE