Business and EconomyGlobal NewsNews Bank of England raises interest rate to 1.75%, biggest hike in 27 years by Radarr Africa August 5, 2022 by Radarr Africa August 5, 2022 The Bank of England, on Thursday, raised its interest rates from 1.25 percent to 1.75 percent, the biggest hike in 27 years. According to the central bank of the United Kingdom, the decision … 0 FacebookTwitterPinterestEmail