Mike Smuts November 2, 2017 Uncategorized no responses

The Bank of England has voted to increase interest rates for the first time in more than a decade. The rise means the rate has moved from its historic low of 0.25pc to 0.5pc.

BoE Govenor Mark Carney and six other members of the Monetary Policy Committee voted for the rise, with two members voting to keep rates on hold.