Home > Publications > News > 2006 > Bank of England Raises Bank Rate by 0.25 Percentage Points to 5.0% News Release Bank of England Raises Bank Rate by 0.25 Percentage Points to 5.0% 9 November 2006 The Bank of England’s Monetary Policy Committee today voted to raise the official Bank Rate paid on commercial bank reserves by 0.25 percentage points to 5.0%. The UK economy has recorded its fo
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