Tag: Bank of England
Bank of England warns Brexit will have ‘negative impact on UK economy for foreseeable’
The bank governor warned that leaving the EU will “negatively impact” the UK economy for “the foreseeable”. …
Bank of England economist calls for ‘more cautious’ interest rate cuts amid inflation fear
Huw Pill, chief economist at the Bank, emphasised the importance of policymakers avoiding slashing interest rates “too far or too fast”. …
Bank of England chief warns of ‘vulnerable’ global financial system amid asset price surge
Andrew Bailey, the governor of the Bank of England, has warned that the global financial system is vulnerable to shocks amid a recent surge in the price of shares and other assets. …
Bank of England issues warning over with savings in one type of account
A recent trend may mean one type of bank account could be impacted. …
Major Bank of England update for savers as rate setter says ‘this is necessary’
In a new speech a key expert spoke about possible changes amidst ‘persistent inflation’ …
Seven banks to slash savings account interest rates starting today – full list
The changes could make “a big difference” to people’s savings pots, an expert has said. …
Hundreds of thousands of people missing out on ‘free’ cash
More than 300,000 people are missing out according to the latest figures …
Brutal blow for Rachel Reeves as BoE refuses to cut interest rates – Budget hell now looms
The Bank of England has frozen interest rates at 4% today. …
Bank of England poised to hold interest rates at 4% after ‘disheartening’ inflation
The latest inflation figures may be “the nail in the coffin” for another interest rate cut any time soon, experts have said. …
Stubborn inflation leaves mortgage experts all saying same thing about interest rates
Mortgage brokers have shared their verdict on what today’s inflation data means for interest rates. …
