Bank of England raises rates to highest level for nine years
Aug 2, 2018
1 min read
The snow-laden first quarter of 2018 may seem a distant memory following the heatwave we have just been basking in. However, it was enough to slow economic activity and divert the Bank of England’s Monetary Policy Committee (MPC) from raising interest rates in May. A robust second quarter of growth statistics has now emboldened the MPC to go ahead.
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