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Bank of England raises interest rate to 0.25%

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Economy24 minutes ago (Dec 16, 2021 12:14)

© Reuters. FILE PHOTO: A bird flies past The Bank of England in the City of London, Britain, December 12, 2017. REUTERS/Clodagh Kilcoyne/File Photo

LONDON (Reuters) – The Bank of England raised its main interest rate to 0.25% on Thursday as inflation pressures mounted in Britain.

Most economists polled by Reuters had expected the BoE to keep Bank Rate at 0.1% due to a new surge in coronavirus cases.

Bank of England raises interest rate to 0.25%

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