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Evening Standard

Business

City Staff

FTSE 100 Live: Bank of England interest rate rise, FTSE closes down 0.9%, US shares up

Bank of England Inflation Interest Rates

The Bank of England today hiked interest rates to 4.25% as it continues efforts to bring inflation back under control.

The expected quarter point increase matches last night’s move by the Federal Reserve after it lifted US rates to 4.75%-5%.

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French protesters plan more demonstrations this week ahead of general strike as anger grows

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One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Severe flooding in US west triggers rooftop rescues and evacuation orders

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