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Bank of England votes for hike, signals no rush for next hike

Thursday, August 02, 2018 - 02:00

The Bank of England pushed interest rates above their financial crisis lows on Thursday, but signalled it was in no hurry to raise them further as Britain heads for Brexit next year with no clear plan for leaving the European Union. As David Pollard reports, rate-setters were unexpectedly unanimous in their vote.

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The Bank of England pushed interest rates above their financial crisis lows on Thursday, but signalled it was in no hurry to raise them further as Britain heads for Brexit next year with no clear plan for leaving the European Union. As David Pollard reports, rate-setters were unexpectedly unanimous in their vote.

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Bank of England votes for hike, signals no rush for next hike

Thursday, August 02, 2018 - 02:00