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

Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Pensions minister speaks at Pensions UK conference, Reeves to launch ‘Sterling 20’ group, TPR at-retirement research

Professional Pensions
clock 17 October 2025 • 1 min read
Scheme cyber controls must be 'robust' amid 'worrying rise' in attacks

Scheme cyber controls must be 'robust' amid 'worrying rise' in attacks

RSM UK warns trustees to ensure cyber risk measures are ‘as resilient as possible’

Holly Roach
clock 17 October 2025 • 1 min read
News Digest: John Ralfe says Rachel Reeves' plan to extract billions from our pensions has one big flaw

News Digest: John Ralfe says Rachel Reeves' plan to extract billions from our pensions has one big flaw

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 17 October 2025 • 1 min read
Trustpilot