FTSE 100 Live: Stocks close off day's lows as Bank hikes rates as expected
FTSE 100 closes above earlier lows, down 41 points Bank of England hikes rates by 25bps to 5.25% UK service sector at six-month low in July 4:30pm: FTSE...
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FTSE 100 closes above earlier lows, down 41 points Bank of England hikes rates by 25bps to 5.25% UK service sector at six-month low in July 4:30pm: FTSE...
The Bank of England - led by governor Andrew Bailey (pictured) - raised interest rates by 0.25 percentage points yesterday in a move that was widely expected.
Official figures flagged in the final quarter of last year showed government debt stood at 101% of GDP, well ahead of the pre-pandemic period.
Excellent-quality land is in sought-after part of the Golden Vale
Eurozone interest rates have climbed to the highest level for 22 years as the European Central Bank indicated it is preparing to take borrowing rates to a record high in the coming months.