UK 06-11-2003 Bank of England increases the cost of borrowing The Bank of England has raised interest rates to 3.75% – the first rise in almost four years. The previous rate of 3.5% was the lowest for 48 years. In…… Sign in or Upgrade to Continue Reading This news article is over 10 days old. Subscribe today to access all articles with an annual subscription. Become a member Learn more Already a subscriber? Log in here #bank#Bank of England#interest rates#Jobs#WHO