Tag: interest rates
Barclays, Santander and HSBC accused over low savings rates and bumper profits
UK banking giants are paying an average of just 1.42 percent on their easy access accounts – far below the market average of 2.9 percent …
Bank of England may soon ‘deliver six interest rate cuts’
Goldman Sachs has issued a new forecast that UK interest rates would fall from the current figure of 4.75 percent to 3.25 percent by spring of 2026. …
Savings expert explains how to slash credit card interest by ‘thousands’ of pounds
Nearly half of credit card holders in the UK could benefit from the tactic, research suggests. …
Bank of England interest rates forecast could mean huge boost for millions
The fall in the headline rate of inflation from 2.6 percent to 2.5 percent was unexpected and positive news for the Chancellor Rachel Reeves. …
Warnings of 3% inflation throw Bank of England calculations in the air
The Bank of England’s Monetary Policy Committee uses interest rates to put a brake on the nation’s spending. …
Home buyers “exposed to more risk” and higher fees warns Bank of England
Bank of England experts suggest this was so that mortgage brokers could cash in because they would make more income from fees due to repeat business. …
700,000 home buyers face higher bills after Bank of England interest rates warning
The Bank of England has highlighted the fact that families across the country face big increases in monthly payments when they come to remortgage. …
Chase Bank issues unwelcome one-month warning to customers with savings
Chase Bank has issued an unwelcome warning message to customers after cutting its rates. …
UK households losing £500 every month from January
It’s believed that around 420,000 households will be affected. …
Bank of England interest rates fears as new forecasts issued
Experts predict the Bank’s Monetary Policy Committee will reduce the base rate …
