The Bank of England continues its race to raise British rates as an anti-inflation function, bringing them - in line with expectations and in the wake of the Fed and the ECB - from 4% to 4.25%, with an increase of a quarter of a point .
This is the eleventh consecutive increase in 18 months, decided by the Monetary Policy Committee of the central bank of London.
UK inflation rose to 10.4%
year on year in February, above estimates of 9.9%.
