HomeBusinessBank of England to raise Bank Rate by 50 bps in Dec, peak at 4.25% in Q1- Reuters pollFILE PHOTO: Bank of England raises interest rate to 1.75% Estimated read time 1 min read FILE PHOTO: Bank of England raises interest rate to 1.75% FILE PHOTO: A general view of the Bank of England building, in London, Britain, August 4, 2022. REUTERS/Maja Smiejkowska