Business
BoE raises interest rates to 0.5%
The news comes as the BoE said inflation is on course to hit a 30-year high, and is expected to peak at 7.25% in April, and average close to 6% throughout 2022
![](https://www.cateringtoday.co.uk/wp-content/uploads/2020/03/London.bankofengland.arp_-e1583926503492-780x470.jpg)
The Bank of England (BoE) has raised interest rates for the second time in three months to 0.5%, up from 0.25% previously.
You'll need to
subscribe to unlock this content. Already subscribed? Login?