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Thursday 17 September
🌐 World · English
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Bank of England holds interest rates at 3.75% and warns they may need to rise

United Kingdom
The brief

Three members of the Bank's rate-setting committee voted for an immediate increase to 4%. Central bank announces surprise plan to sell billions of pounds in government bonds back to the TreasuryBurnham has to sell Bank rate rises as ‘breathing space’ – good luck with thatBusiness live – latest updatesThe Bank of England has kept interest rates on hold as it warned a continuation of the bitter fighting in the Middle East could force it to raise borrowing costs amid mounting fears over inflation.It also announced a surprise plan to sell billions of pounds in UK government bonds back to... Key points and original sources are listed below.

  • Three members of the Bank's rate-setting committee voted for an immediate increase to 4%.S1
  • Central bank announces surprise plan to sell billions of pounds in government bonds back to the TreasuryBurnham has to sell Bank rate rises as ‘breathing space’ – good luck with thatBusiness live – latest updatesThe Bank of England has kept interest rates on h...S2
  • The U.K. central bank is monitoring for signs that higher energy costs are spilling over into everyday prices.S3
  • BoE also announced multiyear plan to fully unwind its asset purchase facilityS4
  • The Bank of England has left interest rates unchanged, but rising fuel prices have markets expecting an increase in the coming months.S5
  • Bank of England Holds Interest Rates at 3.75% (Video)S6
  • The vote marks the sixth time in a row that the bank’s Monetary Policy Committee has kept rates on holdS7
  • The decision was announced a day after data showed the fastest pace of price increases in months.S8
Timeline · newest first
5h Dailyrecord

Bank of England holds interest rates at 3.75% and warns they may need to rise

Three members of the Bank's rate-setting committee voted for an immediate increase to 4%.

5h The Guardian

Bank of England holds interest rates at 3.75% but warns war could force future rises

Central bank announces surprise plan to sell billions of pounds in government bonds back to the TreasuryBurnham has to sell Bank rate rises as ‘breathing space’ – good luck with th…

5h Content

Why the Bank of England Didn’t Follow the Fed in Raising Interest Rates

The U.K. central bank is monitoring for signs that higher energy costs are spilling over into everyday prices.

5h Ft

Bank of England holds rates steady but hints at tightening ahead

BoE also announced multiyear plan to fully unwind its asset purchase facility

5h Perthnow

Bank of England holds rates but looks set to hike soon

The Bank of England has left interest rates unchanged, but rising fuel prices have markets expecting an increase in the coming months.

5h Independent

Bank of England holds UK interest rates despite inflation hike

The vote marks the sixth time in a row that the bank’s Monetary Policy Committee has kept rates on hold

6h The New York Times

Bank of England Holds Rates Steady but Warns of Inflation Pressures

The decision was announced a day after data showed the fastest pace of price increases in months.

Developing

Bank of England holds interest rates at 3.75% and warns they may need to rise

8 outlets 8 reports
The brief

Three members of the Bank's rate-setting committee voted for an immediate increase to 4%. Central bank announces surprise plan to sell billions of pounds in government bonds back to the TreasuryBurnham has to sell Bank rate rises as ‘breathing space’ – good luck with thatBusiness live – latest updatesThe Bank of England has kept interest rates on hold as it warned a continuation of the bitter fighting in the Middle East could force it to raise borrowing costs amid mounting fears over inflation.It also announced a surprise plan to sell billions of pounds in UK government bonds back to... Key points and original sources are listed below.

  • Three members of the Bank's rate-setting committee voted for an immediate increase to 4%.S1
  • Central bank announces surprise plan to sell billions of pounds in government bonds back to the TreasuryBurnham has to sell Bank rate rises as ‘breathing space’ – good luck with thatBusiness live – latest updatesThe Bank of England has kept interest rates on h...S2
  • The U.K. central bank is monitoring for signs that higher energy costs are spilling over into everyday prices.S3
  • BoE also announced multiyear plan to fully unwind its asset purchase facilityS4
  • The Bank of England has left interest rates unchanged, but rising fuel prices have markets expecting an increase in the coming months.S5
  • Bank of England Holds Interest Rates at 3.75% (Video)S6
  • The vote marks the sixth time in a row that the bank’s Monetary Policy Committee has kept rates on holdS7
  • The decision was announced a day after data showed the fastest pace of price increases in months.S8
Timeline · newest first

Sources · 8 citations

S1 Dailyrecord 1 report · EN
S2 The Guardian 1 report · EN
S3 Content 1 report · EN
S4 Ft 1 report · EN
S5 Perthnow 1 report · EN
S6 Bloomberg 1 report · EN
S7 Independent 1 report · EN
S8 The New York TimesLead 1 report · EN