The Bank of England has raised interest rates by 25bps to 5.25%, bringing rates to their highest since February 2008.
In a 6-3 vote, the central bank's Monetary Policy Committee (MPC) voted to hike rates by 25bps, with two voting for a 50bps hike and one voting for no change. Expectations for the peak o...
To continue reading this article...
Join Professional Pensions
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date
