Bank of England raises base rate to 0.25%
The Bank of England has raised the bank base rate for the first time in three years to 0.25%, despite concerns over omicron variant. At its meeting ending on 15 December 2021, the Monetary Policy Committee (MPC) voted by a majority of 8-1 to increase Bank Rate by 0.15%, to 0.25%. This is the first…
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