Bank of England Raises Rates for First Time in Three Years
Source:
nytimes
November 5, 2026 · 04:14
From the publisher
The central bank said that inflation would climb to about 5 percent next year, far above its target, because of higher energy prices driven by the war in Iran.
About the source
The New York Times
The New York Times (NYT) is a newspaper based in Manhattan, New York City. The New York Times covers domestic, national, and international news, and publishes opinion pieces and reviews. One of the longest-running newspapers in the United States, the Times serves as one of the country's newspapers of record. As of June 2026, The New York Times had 13.35 million total subscribers: 550,000 print and 12.8 million digital, both the highest numbers for any newspaper in the United States by a signific…
Wikidata Q9684
Wikidata ↗
About United Kingdom
More from United Kingdom →
Capital
London
Region
Europe & Central Asia
Income level
High income
ISO code
GBR
Data:
World Bank
The original article opens on the publisher's website.
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