UK interest rates raised to 5.75%
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The Bank of England raises UK interest rates to 5.75% as it tries to bring inflation under control.
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The Bank of England raised its key interest rate Thursday by a quarter of a percentage point to 5.75 percent, the fifth increase this year, in an attempt to curb inflation.
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The Bank of England's rate-setting body voted 7-2 to hold interest rates at 5.25% in February, minutes show.
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The Bank of England trimmed its key interest rate by a quarter-point to 5.25 percent on Thursday, the central bank announced, in line with market expectations.
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The Bank of England raised its key interest rate by a quarter-point to 5.75 percent on Thursday, the highest level for more than six years, in a bid to dampen inflation.
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The Bank of England has chosen to keep interest rates unchanged at 5.25 percent, deciding against another increase following January's surprise hike.
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The Bank of England has held its key interest rate at 4.75 percent for the second consecutive month.
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The Bank of England keeps UK interest rates at 4.75% following its latest meeting.
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The Bank of England (BoE) has kept its key interest rate at a five-year high of 5.00 percent, opting against a third rise during 2006.
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The Bank of England has kept its key interest rate at a five-year high point of 5.00 percent, opting against a further rise after last month's quarter-point increase.
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The Bank of England's nine-member monetary policy committee voted unanimously to raise interest rates by 25 basis points to 4.75 percent earlier this month, official records showed.
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The Bank of England is expected to raise interest rates to 5.75% at its monthly meeting this week.
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The Bank of England (BoE) has kept its key interest rate at a five-year high point of 5.00 percent, opting against a further rise after last month's quarter-point increase.
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Bank of England expected to push rates up to 5.75%.
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UK interest rates are expected to remain on hold at 4.75% following the Bank of England's latest rate-setting meeting.
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The Bank of England is expected to keep UK interest rates on hold at 5.75% following its two-day meeting.
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The pound was off earlier highs as the market positioned itself for Wednesday's release of the minutes to the Nov 9 meeting of the Bank of England's Monetary Policy Committee, when interest rates were raised to 5.00 percent, their highest level in over five years.