Economy
BoE raises interest rates to 5.25%
At its meeting ending on 2 August 2023, the MPC voted by a majority of 6–3 to raise the rate by 0.25%
![](https://b855165.smushcdn.com/855165/wp-content/uploads/2021/02/bank-of-england-2342844_1920-e1612517665806-895x540.jpg?lossy=1&strip=1&webp=1)
The Bank of England (BoE) has raised interest rates for the 14th consecutive time to 5.25% in a bid to combat inflation.
You'll need to
subscribe to unlock this content. Already subscribed? Login?