Tag: Bank of England
Recession fear turns screw on Bank of England to cut interest rates
News last week that the UK economy has shrunk for two months in a row has triggered fears of a recession. …
Barclays and TSB customers given welcome Christmas mortgage boost
Both Barclays and TSB have cut interest rates on new deals with rivals expected to follow suit in the coming days …
Thousands of UK households will start losing £500 a month from December
UK households will be £500 worse off each month. …
Barclays slashes mortgage rates in ‘bold move’
The bank said it will reduce rates on selected products by up to 0.20 percentage points across its residential purchase and remortgage range from Wednesday …
Shock inflation rate rise kills hope of Christmas Bank of England base rate cut
The news will be a blow to home buyers and anyone looking to remortgage. …
Bank of England issues mortgage warning as governor blames Rachel Reeves and Donald Trump
Andrew Bailey’s comments came in response to a question by the Labour MP for Darlington Lola McEvoy …
Chase Bank issues unwelcome three-day warning to customers with savings
Chase Bank has issued a warning to customers with savings. …
Martin Lewis warns anyone with savings ‘expect them to drop’ in days
Money expert Martin Lewis is warning people who have savings that they will drop ‘in days’. …
Santander accused over delay in passing on interest rate cut to struggling borrowers
It has emerged that the bank will not cut the interest rate for customers with a standard variable rate mortgage until December 3 …
Doubt over next Bank of England move despite surge in demand as interest rates fall
There are hopes that banks and building societies will be launching cheaper deals, but two factors are worrying financial analysts …
