The Bank of England today hiked borrowing costs for the eleventh time in a row in an attempt to rid the UK economy of stubborn double-digit inflation and despite recent turbulence affecting the global banking sector, writes Andrew Michael. Interest Rates & Inflation: Bank Rate Rises To 4.25% In Fresh Assault On InflationĢ3 March: Bank of England Responds To Shock Prices Uptick While we work hard to provide accurate and up to date information that we think you will find relevant, Forbes Advisor does not and cannot guarantee that any information provided is complete and makes no representations or warranties in connection thereto, nor to the accuracy or applicability thereof. The compensation we receive from advertisers does not influence the recommendations or advice our editorial team provides in our articles or otherwise impact any of the editorial content on Forbes Advisor. These “affiliate links” may generate income for our site when you click on them. Second, we also include links to advertisers’ offers in some of our articles. This site does not include all companies or products available within the market. The payments we receive for those placements affects how and where advertisers’ offers appear on the site. This comes from two main sources.įirst, we provide paid placements to advertisers to present their offers.
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