BoE meets today on UK interest rates

Bank of England policymakers began their monthly interest rate meeting yesterday with the decision of whether the bank will raise lending rates from 4%, for the third time since November, due at noon today.

A decision on whether the Bank of England will raise lending rates from 4%, for the third time since November, is due at noon today.

The Bank last raised rates in February in an effort to address rapidly growing consumer debt and house prices.