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At times when interest rates do fall to zero, ‘orthodox’ monetary policy runs out of road. This leaves central bankers rooting around for new tools.
The GBP/USD price analysis shows declining expectations for Bank of England rate cuts amid stronger UK inflation and ...
The rate of annual inflation was 3.6% in June, up from 3.4% in May, figures from the Office for National Statistics showed Wednesday. That contrasted with the estimates of economists polled by The ...
If breaking the fiscal rules isn’t an option, the government will have to find a way to stick to them. Recent U-turns suggest it will be politically difficult to push through further spending cuts, ...
The Bank of England announced it has held its base interest rate at 4.25%, with the base rate impacting how much you repay when you borrow money, as we all the return on your savings. Whenever it ...
Savers issued warning after Bank of England holds base rate Average savings rates have been on a downward path in recent weeks, but some providers have unveiled new products.
INDUSTRY REACTION: Bank of England holds base rate at 4.25% As the financial markets expected, the majority of the Banks' MPC has voted to keep the base rate on hold.
Savers warned ‘loyalty does not pay’ as Bank of England base rate held at 4.25% Average savings rates have been on a downward path in recent weeks, but some providers have unveiled new products.
THE Bank of England is widely expected to hold interest rates this week, in a blow to first-time buyers and homeowners. The Monetary Policy Committee will announce its latest base rate decision on … ...
The Bank of England is expected to hold the base rate at 4.25% on Thursday this week, Hargreaves Lansdown has predicted. This is due to a spike in inflation, which is expected to peak at 3.7% this ...
Should the Bank of England be cutting rates this month? The Bank of England is highly unlikely to cut rates this month, but should it? An increasingly bad run of jobs data, which has seen employee ...
The Bank of England's base rate dictates how much interest you pay when you borrow money, so mortgages and credit card rates usually get more expensive when it goes up and get cheaper when it goes ...