Bank of England base rate

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Opinion Why British Interest Rates Will Never Go Up Again Marketwatch

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. Read our base rate FAQs. The Bank of Englands Monetary Policy Committee MPC has voted by a slender majority of 5-4 to increase the base rate by 025 percentage points. Bank of England hikes base rate to 05.

The MPC made the decision in response to CPI inflation rising to 54 a figure well above the Banks target of 2. If this affects you well be in touch soon. The Bank of England base rate has changed.

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