The Bank of England has raised interest rates to their highest level in more than six years, a move that will further squeeze homeowners and consumers. The Bank's Monetary Policy Committee voted to lift interest rates by a quarter point to 5.75pc, the fifth increase since the Bank embarked on raising rates last August. Of the 60 City economists surveyed by the financial news agency Bloomberg, 53 had forecasted today's move.

Report Article

Please complete the required fields.

Your Name

Email

Reason (required)
This post contains broken links Post has incorrect information Post has spam Copyright Issue Other

Description

Submit