Bank of England base rate: The UK’s interest base rates go up by a quarter point to 4.25 percent.
The Bank of England has raised the benchmark interest rate of the United Kingdom to 4.25% in response to higher-than-expected inflation and positive indications of the country’s economy. This decision was made by the Monetary Policy Committee following an unexpected acceleration in price growth in February. The increase marks the 11th consecutive rise in borrowing … Read more
