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WebOct 11, 2024 · Traders are preparing for the Bank of England to lift borrowing costs by the end of this year after two officials moved to reinforce signals of an imminent increase to … WebFeb 3, 2024 · BoE raises Bank Rate to 0.5% from 0.25%; Four of 9 MPC members voted for hike to 0.75%; BoE sees inflation peaking at 7.25% in April; Sterling jumps, government bonds sell off WebFeb 2, 2024 · The 0.5-point increase was forecast by City analysts, who expect the Bank to raise interest rates again to 4.5% in the spring before a series of cuts next year brings the Bank rate back to 3.5%. evacuation in marathi