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