Bank of England sees only gentle rises ahead after historic rate hike

LONDON (Reuters) - The Bank of England raised interest rates for the first time in more than 10 years on Thursday but sterling fell sharply as the central bank said it expected only "very gradual" further increases over the next three years.

from Reuters: Top News http://uk.reuters.com/article/uk-britain-boe-decision/bank-of-england-sees-only-gentle-rises-ahead-after-historic-rate-hike-idUKKBN1D2003?feedType=RSS&feedName=topNews