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Bank of England raises interest rate to 0.25%

Bank of England raises interest rate to 0.25%
Bank of England raises interest rate to 0.25%   -   Copyright  Thomson Reuters 2021
By Reuters

LONDON – The Bank of England raised its main interest rate to 0.25% on Thursday as inflation pressures mounted in Britain.

Most economists polled by Reuters had expected the BoE to keep Bank Rate at 0.1% due to a new surge in coronavirus cases.