Bank of England raises interest rate to 0.25%
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FILE PHOTO: A bird flies past The Bank of England in the City of London, Britain, December 12, 2017. REUTERS/Clodagh Kilcoyne/File Photo
LONDON (Reuters) - The Bank of England raised its main interest rate to 0.25% on Thursday as inflation pressures mounted in Britain.
Most economists polled by Reuters had expected the BoE to keep Bank Rate at 0.1% due to a new surge in coronavirus cases.
(Reporting by David Milliken and Andy Bruce; Writing by William Schomberg)
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