Business and Tax News - Bankofengland

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November 5th 2024
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BANKOFENGLAND - NEWS

Bank of England Struggles To Contain Inflation As Interest Rates Hit 5 Percent

PERSONAL TAX

Bank of England Struggles To Contain Inflation As Interest Rates Hit 5 Percent

With inflation refusing to budge the central bank doubles the amount of its last rate increase with a 0.5 percent hike.
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Interest Rates Rise Despite Recession Fears

GENERAL

Interest Rates Rise Despite Recession Fears

Bank of England raises interest rates to 3.5 percent.
Base Interest Rate Raised To One Percent

GENERAL

Base Interest Rate Raised To One Percent

Bank of England hikes rate to highest level in 13 years.
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