As widely expected, the Bank of England raised the UK interest rate - to 0.5% from 0.25% - in the first increase in more than a decade. Alongside the announcement, it also published its quarterly Inflation Report. In it, the Bank of England said that any future increases in the borrowing costs would be limited and gradual. Here are five things we learnt from the Bank's report.
The Bank of England will deliver one of the most closely watched interest rate decisions since the financial crisis later on Thursday. Economists and investors are expecting the first increase in a decade. In September, the Monetary Policy Committee (MPC) laid the groundwork for an increase "over the coming months" if economic growth remained stable. If the Bank raises rates from the current 0.25%, it would represent the first increase since July 2007.
It's decision time. On Thursday, Bank of England policymakers will reveal its interest rate decisions. How the nine members of the Monetary Policy Committee (MPC) vote will affect households and businesses across the UK. That's because the Bank of England base rate is used as a reference point for millions of mortgages and savings accounts. Interest rates are at a record low of 0.25% and there has not been a rise in interest rates in more than a decade.
@ChrisGiles_@Telegraph@bbcworldservice Thanks Chris! ha - yes wasn't usually THAT friendly while at the Tel. Enjoying it but I do miss the old econ crew. Hopefully will still see you once a quarter in that musty basement...
Muck Rack makes it simple to find people, tweets, or articles that mention any name, keyword, company, hashtag etc. We've compiled this guide to help you make the most of your search.
Selecting a term
Start searching tweets, articles from media outlets, articles mentioned in tweets, journalists'
names, titles and bios with some suggested searches:
Companies or Topics (e.g. iPhone, Microsoft)
Phrases (e.g. "cloud computing") — use quotes to keep the terms together
Twitter handles (e.g. @username) — returns those who have mentioned or replied to
Names (e.g. "David Pogue")
Hashtags (e.g. #sxsw, #london2012)
Bio details (e.g. vegan, Olympics, father)
Muck Rack's Advanced Search allows for many boolean operators.
Find results that mention multiple specified terms, use AND or
+. For example, ensure each result contains both Elon Musk and Mark Zuckerberg by
searching Musk AND Zuckerberg or Musk + Zuckerberg.
Use the operators OR or , to broaden your search when you'd like either of
multiple terms to appear in results. (This is the default behavior of our search when no operators
are used). For example, results will contain either cake or cookie by searching cake OR cookie or cake,cookie
Use NOT or - to subtract results from your search. For
example, searching Disney will yield results about the Walt Disney Company as well as Walt Disney
World Resort. To exclude mentions of Disney World, search for Disney -World or Disney
When using one of these operators with a phrase, enclose it in quotation marks. For example, you can
find results about smartphones excluding Apple's iPhone 4S by searching smartphone -"iPhone
Exact case matching or punctuation
If you're searching for a brand name or keyword that relies on specific punctuation marks or capitalization, you can
find results that match your exact query by adding matchcase: before the keyword you're searching for, like matchcase:E*TRADE .
Use parentheses to separate multiple
boolean phrases. For example, to find journalists talking about having fun in Disney World or
Disneyland, search for ("disney world" OR disneyland) AND fun.
An asterisk can be used to search for any variation of a root word truncated by the asterisk. For example, searching for admin* will return results for administrator, administration, administer, administered, etc.
A near operator is an AND operator where you can control the distance between the words. You can vary the distance the near operation uses by adding a forward slash and number (between 0-99) such as strawberries NEAR/10 "whipped cream", which means the strawberries must exist within 10 words of "whipped cream".