Bank of England expected to raise interest rates after Fed hike – business live

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Bank of England expected to raise interest rates after Fed hike – business live - short news

UK central bank is expected to raise interest rates at noon today, for the 11th time in a row, after inflation jumped to 10.4% in February

UK inflation rise complicates Bank of England’s interest rate decision

Britain’s biggest banks are under pressure to pass on higher interest rates to savers after figures showing they have made an extra £7bn by refusing to do so, my colleague Richard Partington writes.

On the day the Bank of England is expected to announce a further rise..

Read more on The Guardian

source: The Guardian - 23.03.2023