Tag: britain-economy

Bank of England hikes interest rates but resists bolder move | Health/Fitness

By DANICA KIRKA - Related Press LONDON (AP) — The Financial institution of England raised rates of interest by a quarter-percentage level Thursday, shrugging off stress for a bolder transfer to fight value will increase which have pushed inflation to a 40-year high.The financial institution’s financial coverage committee voted 6-3 to spice up its key charge to 1.25%, with the dissenters supporting a bigger ...

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