Industry counts cost as interest rate hits 2.25% Piers Wehner22/09/2022 | Investment/financePrintDownload The Bank of England has raised interest rates to 2.25%, the highest rate since the financial crisis of 2008. But the 50-basis-point rise was lower than the 75bps hike that many economists and much of the market had predicted. A Thank you for reading EG Want to read more? Enjoy a story a week for FREE. Register Find Out More Already a subscriber or registered user? Sign in Related Articles Helical’s chief exec on going from disposals to development Andrew Jones: ‘My job is to buy companies’ BTR underperforms all property as values rise just 0.4% Sugar ‘aggressively endeavouring’ to boost portfolio Brookfield promises £900m backstop on CWG refi