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Economy · London, United Kingdom ·

UK interest rates expected to rise for first time in three years

Reported by 1 outlet · under-reported · first reported Nov 4, 6:30 PM ET

Analysts expect the Bank of England to raise rates from 3.75% to 4%. The pound hit its highest since the Brexit vote.

Why it matters

Mortgage costs may rise.

Background

Energy prices have lifted inflation.

The story so far

  1. UK interest rates expected to rise for first time in three years
  2. Bank of England raises rates to 4%
  3. Bank of England raises rates to 4%
  4. Think tank warns Bank of England rise too timid

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Sources

This summary was written automatically from the reporting linked above; follow the sources for the full story. How One Turn works.

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