Bank of England takes slow lane after first rate hike since 2007

LONDON (Reuters) - The Bank of England raised interest rates for the first time in more than 10 years on Thursday but said it expected only "very gradual" further increases as Britain prepares to leave the European Union, sending sterling down sharply.

from Reuters: Top News http://uk.reuters.com/article/uk-britain-boe-decision/bank-of-england-takes-slow-lane-after-first-rate-hike-since-2007-idUKKBN1D2003?feedType=RSS&feedName=topNews