15 Jun 2017

Are interest rates on the rise?

Economics Correspondent

The Bank of England came close to delivering a big shock today, when three members of its Monetary Policy Committee voted to raise interest rates. That suggests a much more hawkish mood inside the Bank than anyone believed.  And it came on a day of disappointing news from the High Street, suggesting the economy is limping along at the moment.  Our Economics Correspondent Helia Ebrahimi reports.