![The Bank of England building in London following the announcement that inflation rates were rising to 5 per cent. EPA](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/62L24GN6CYWXYC3JLCTCGIBVSI.jpg?smart=true&auth=49a64d190f64f80c6d82004cc8dc3edf55ebc06f93255706f3141652c8cf26e2&width=400&height=225)
The Bank of England building in London following the announcement that inflation rates were rising to 5 per cent. EPA
The Bank of England building in London following the announcement that inflation rates were rising to 5 per cent. EPA
Five key questions as the Bank of England raises interest rate to 5%
By raising interest rates the Bank of England is trying to bring inflation down. Is it working?