Bank of England raises interest rates to 0.75%
2 August, 2018
After weeks of speculation, the Bank of England raised interest rates for only the second time since the Financial Crash, from 0.5% to 0.75%.
Rates are now at their highest level since March 2009 and Mark Carney, the Bank’s governor, said there would be further “gradual” and “limited” rate rises to come.
For more information about how this rate rise could affect you, please click here.
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