![Bank of England poised to hike interest rates to 1.25% in battle against inflation | The Independent Bank of England poised to hike interest rates to 1.25% in battle against inflation | The Independent](https://static.independent.co.uk/2022/06/16/07/SEI109733357.jpg)
Bank of England poised to hike interest rates to 1.25% in battle against inflation | The Independent
Bank of England on Twitter: "The Monetary Policy Committee voted by a majority of 7-2 to raise #BankRate to 4%. Find out more in our #MonetaryPolicyReport: https://t.co/n7j94kKQlp https://t.co/wudQD5gZy5" / Twitter
![UK interest rates raised to 4.25% by Bank of England, but inflation expected to cool – as it happened | Business | The Guardian UK interest rates raised to 4.25% by Bank of England, but inflation expected to cool – as it happened | Business | The Guardian](https://i.guim.co.uk/img/media/054d1efc584ed83becd3e1e75e94378df54367e2/0_0_900_585/master/900.jpg?width=300&quality=45&auto=format&fit=max&dpr=2&s=f7ae06841689816e4fca629d842a8d1d)