Bank of England increases interest rate to 2.25%
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The Bank of England has increased interest rates in the UK by 0.5 percentage points, to 2.25% – that’s the highest level for 14 years.
The move has been made in a bid to tackle soaring prices and the rates are now at their highest since 2008 when the global financial crisis was at its height.
View Full Article: Bank of England increases interest rate to 2.25%
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