BOE to increase official bank rate by 25 basis points to 0.5% tomorrow

The Bank of England is expected to increase rates by 25 basis points to 0.50% when they announce their decision at 7:00 AM/11 AM GMT.  The market has price in a 90% chance for a hike tomorrow.  
The hike will be the 2nd hike in succession. On December 16  (the BOE last meeting), the Monetary Policy