Economy
BoE hikes rates to 1.75%, warns UK to enter recession until 2024
Policymakers at the central bank voted to raise the base rate for the sixth time in succession amid ongoing inflationary pressures
![](https://www.petgazette.biz/wp-content/uploads/2022/02/bank-of-england-2342844_1920-e1612517665806-780x470.jpeg)
The Bank of England (BoE) has raised interest rates from 1.25% to 1.75%, marking the biggest rise in rates since 1995.
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