EconomyBank of England raises rates for first time in more than three years
The Bank of England lifted its benchmark rate to 4% on Thursday, its first increase in more than three years, as rising energy costs fuel global inflation. Governor Andrew Bailey said the inflationary pressure building from higher energy prices justified the move.
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CGTN★★★☆☆2026-11-05 12:02Original
Bank of England raises rates for first time in more than three years
Economy