The Bank of England will raise its Bank Rate by a quarter-point to 5.25% on August 3, making borrowing the costliest since early 2008, and hike twice more by the year-end as price pressures persist, a Reuters poll showed. Despite 13 rate rises since December 2021, the BoE is grappling with higher...
https://www.hellenicshippingnews.com/bank-of-england-rates-set-to-peak-at-5-75-by-year-end/