The Bank of England on Thursday hiked its interest rate for a tenth time in a row as global authorities race to combat sky-high inflation.
The central bank's Monetary Policy Committee voted at a regular meeting to lift its key interest rate by a half-point to 4.0 percent, the highest level since late 2008.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
Also Read | Layoffs Are Rising In Tech, But These Skills Are Helping People Unlock Better Pay
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
