Bank of England hikes rates by 25bps to 5.25%

Highest rates since February 2008

Elliot Gulliver-Needham
clock • 3 min read
Bank of England hikes rates by 25bps to 5.25%

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

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Good News Corner: Rothesay Foundation pledges £1.8m to benefit boost campaign

Good News Corner: Rothesay Foundation pledges £1.8m to benefit boost campaign

Service designed to make it easier for older people to access financial support

Jonathan Stapleton
clock 05 June 2026 • 3 min read
PP Investment Awards 2025... Leadenhall Capital Partners

PP Investment Awards 2025... Leadenhall Capital Partners

Leadenhall Capital Partners was named Insurance Linked Securities Manager of the Year at the 2025 awards

Holly Roach
clock 05 June 2026 • 6 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Pensions UK RLS, millions of savers set to reduce contributions, UK master trusts launch steering group

Professional Pensions
clock 05 June 2026 • 1 min read
Trustpilot