Bank of England raises base rate to 0.75%

The Bank of England has today decided to raise the base rate from 0.5% to 0.75%, the highest it has been since 2009.

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FCA urges beefed up security to counter cyber-attacks

The FCA, alongside the Bank of England and Prudential Regulation Authority, has published a joint discussion paper on the resilience of firms in the face of hackers and cyber-attacks.

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Bank holds rate at 0.5 % but summer rise possible

The Bank of England Monetary Policy Committee has voted 6-3 to maintain the Base Rate at 0.5% this month.

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Inflation including housing costs ticks up in May

 

The main Consumer Prices Index stayed unchanged in May at 2.4% but CPIH (CPI including owner occupiers’ housing costs) rose from 2.2% in April to 2.3%.

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