LONDON The Bank of England on Thursday is broadly expected to hike interest rates by 50 basis points its largest single increase since 1995. In August the BoE raised its main interest rate by 50 basis points taking it to 175 in its largest move in 27 years. Visualizing The 700 Year Fall Of Interest Rates Visualizing The 700 Year Decline Of Interest Rates How Interest Rates Retirement Portfolio Dividend Stocks The Bank of England BoE is the UKs central bank. . The base rate is effectively increased over the next few years to combat high inflation. 23 hours agoLONDON The Bank of England voted to raise its base rate to 225 from 175 on Thursday lower than the 075 percentage point increase that had been expected by many. Then in August 2018 the Bank of England raised the bank. The Bank of England finally raised interest rates in November 2017 for the first time in over a decade back to 05. The Bank of England base rate is curren...