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  • UK interest rates tipped to rise

    UK interest rates are expected to go up to 5.75% this week as the Bank of England moves to combat inflation.The Bank's Monetary Policy Committee (MPC) is due to make its latest monthly rate decision on Thursday.While rates were kept on hold at 5.5% in June, minutes revealed that four of the nine MPC members, including Bank governor Mervyn King, wanted a rise.Although UK inflation fell to 2.5% in May,...

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News story 5631-5631 of 5631    First Record Jump 10 Records Previous Record 1127 Last Record