Bank Of England hikes interest rates to 13-year high
Edited By WION Video Desk
Published: May 05, 2022, 21:28 IST | Updated: May 05, 2022, 21:28 IST
The Bank of England’s policymakers are expected to increase interest rates from 0.75% to 1%, a level not seen since 2009. The Bank expects UK inflation to rise to roughly 10% this year as a result of the Russia-Ukraine war and lockdowns in China.
trending videos
)
Nepal Flash Floods: At least 1,050 dead And 118 Nepalese rescued from disaster zone
)
Russia torments Ukraine with new horror weapon | Watch why jet powered are unstoppable
)
Trump downplays China's alleged 'help' to Iran in strike on Jordan base
)
Indonesia ferry tragedy: Survivors brought to temporary medical facility at Trisakti Port
)
China: Bitchat Taken Down Over Regulatory Orders | Still Available Outside China
)
New UNESCO wonders worldwide, Mayan legends & a bike chef in Denmark
)
A big shift in modern air power & control
)
BRICS Summit 2026: PM Modi, Xi reach key consensus on ties, China to assume BRICS chairmanship in 2027
)
Molise Landslide: Heavy Rain Triggers Large Landslide in Molise
)
Ranbir Kapoor Makes Time 100 Most Influential List | Ranbir Kapoor to Play Lord Rama
)
BRICS set of guidelines for disaster management
)
Have Iran's ballistic & hypersonic missiles deterred US from joining Israel's war? | World at War
)
China's property crisis deepens as investment plunges nearly 20%
)
Drought slows ships on Panama Canal
)
Aging dam faces climate-era reckoning
)
BRICS Summit: New Delhi declaration adopted with full consensus, big diplomatic win for India
)
Art meets nature in Australia
)
Al-qaeda releases video of Osama bin Laden's son seven years after reported death
)
VIDEO | Rape, religious conversion, blackmail: Wife of Air Force official makes serious allegations on former classmate
)
Natural caffeine sources gain popularity; matcha & botanicals offer calm energy
)
Bangladesh Fuel Crisis: Diesel Crunch Disrupts Irrigation Across Farmlands
)
Climate change tests Africa’s traditions
)
5,130 remain unaccounted in Nepal floods
)
BRICS 2026: Malaysian PM Anwar Ibrahim sings Bollywood classic at BRICS dinner
)
Australia Refinery Fire: Refinery Pumps Out About 10% of Australia's Fuel
)
Hungary PM-Elect Vows State Media Overhaul
)
Global Finance Leaders to Meet Amid War Shock
)
China scaled back troops along Lac in 2025 amid thaw in ties with India
)
U.S. warns Canada over F-35 exit: 'Expect consequences'
)
Intense Snowfall Blankets Kashmir
)
Video of Pakistani lawmaker struggling to read English tribute to Jinnah goes viral - WATCH
)
Greece's Ancient Sites Under Climate Strain; 19 Sites at Urgent Climate Risk
)
Israel intercepts Gaza Sumud Flotilla vessels: What we know so far
)
Central Bank Policy Will Depend on Oil Price
)
UPI's ₹2,000 divide: Free for millions, but who pays for India's digital revolution?
)
India: Rameshbabu Vaishali Secures 2026 Women’s Candidates Victory
)
The most iconic female villains on screen
)
EU extends deadline on Russia sanctions: NATO jets shoot down drone over Lithuania
)
Houthis launch cross-border strike on Saudi Arabia as Yemen war escalates
)
Iran-backed houthis hit Saudi Arabia hard, tighten grip on Red Sea shipping
)
Wildfire rages near Costa Del Sol homes
)
India-Pakistan Match: Battle on the Field
)
120 Bahadur, Border, Uri: The Surgical Strike: The Changing Face of Indian War Films
)
UK Elections: Opinion Polls Predict Debacle for Labour in Upcoming UK Elections