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Analysis: Bank of England expected to hike interest rate for 14th time in a row

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The Bank of England is expected to increase its interest rate for the 14th time in a row today.

Economists believe a 0.25 percentage point rise - to 5.25% - is the most likely increase to be announced at midday.

Sky's Gurpreet Narwan takes a closer look.

Read more:https://news.sky.com/story/bank-of-england-expected-to-hike-interest-rate-for-14th-time-in-a-row-12932379

#interestrates #economy #bankofengland

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Category
World
Tags
interest rates, bank of england, sky news
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