Bank of England raises interest rate by 0.25% to 5.25% – highest in the G7
2023-08-03
15 year high… and counting The Bank of England (BoE) announced another increase in its base rate, from 5% to 5.25%, the highest level in over 15 years as of 3rd August 2023. This is the 14th consecutive rise since December 2021, when the BoE started to tighten monetary policyRead More →