Bank of England raises interest rates to 0.75%

It is the third move for rates in the last four months

Elliot Gulliver-Needham
clock • 1 min read
The Bank of England
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The Bank of England

The Bank of England (BoE) raised interest rates by 0.25% today, bringing rates from 0.5% to 0.75%.

The bank's monetary policy committee (MPC) voted to raise rates in an eight to one decision, with only deputy governor for financial stability Jon Cunliffe voting to keep rates unchanged. It is ...

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