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Bank of England interest rates increase announced today.

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© Licensed to London News Pictures. 03/11/2022. London, UK. City workers on London Bridge brave the cold and rain from the aftermath of Storm Claudio ahead of the Bank of England’s decision to increase interest rates by 0.75%, the biggest interest rate rise for decades. Today the governor of the Bank of England, Andrew Bailey is set to hike interest rates to 3% as the financial crisis continues. Photo credit: Alex Lentati/LNP

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© Licensed to London News Pictures. 03/11/2022. London, UK. City workers on London Bridge brave the cold and rain from the aftermath of Storm Claudio ahead of the Bank of England’s decision to increase interest rates by 0.75%, the biggest interest rate rise for decades. Today the governor of the Bank of England, Andrew Bailey is set to hike interest rates to 3% as the financial crisis continues. Photo credit: Alex Lentati/LNP