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....8% in January. The increase has pushed the rate above the Bank of England's 2% target. ... [Read full article on BBC ]
Tuesday 21st of March 2017 09:34:06 AM
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. Scotland "could be an independent country" but would risk a hit to its public finances, the ex-governor of the Bank of England has said. ... [Read full article on BBC ]
Monday 20th of March 2017 09:34:16 PM
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....UK interest rates have been kept unchanged at 0. 25% by the Bank of England's rate setting committee. ... [Read full article on BBC ]
Thursday 16th of March 2017 12:38:45 PM
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. The Bank of England has held interest rates at their record low amid signs of an internal split emerging about how to tackle rising inflation. ... [Read full article on Guardian ]
Thursday 16th of March 2017 12:10:58 PM
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....And it's not just the UKSA that is currently refusing to sign up for CPIH. The Treasury is one of the most important users of the CPI figures, using them to adjust some benefits, inflation-linked bonds, and crucially using it as the basis for the inflation targeting carried out by the Bank of England's interest rate-setters. ... [Read full article on BBC ]
Tuesday 21st of March 2017 12:18:54 AM
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. Years of ultra-low UK interest rates probably hit productivity, but were a price worth paying to avoid higher unemployment, the Bank of England's chief economist has said. ... [Read full article on BBC ]
Monday 20th of March 2017 08:03:10 PM
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....2373, up 0. 6%, after the latest interest rate decision from the Bank of England. ... [Read full article on BBC ]
Thursday 16th of March 2017 03:47:19 PM
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. Mark Carney has defended the Bank of England's handling of Charlotte Hogg's resignation during a speech on banking ethics. ... [Read full article on BBC ]
Tuesday 21st of March 2017 11:22:41 AM
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. UK interest rates should be raised, despite risks in the economy, according to a member of the Bank of England's rate-setting committee. ... [Read full article on BBC ]
Thursday 16th of March 2017 11:52:03 PM
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Tuesday 21st of March 2017 09:06:16 AM
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....8% inflation in January to 2. 3% in February took inflation above the Bank of England’s 2% target and immediately raised expectations on financial markets that the Bank could raise interest rates sooner than previously thought to keep price rises in check. ... [Read full article on Guardian ]
Tuesday 21st of March 2017 11:27:08 AM
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....Judging by his comments, Mark Carney is blissfully unconcerned about inflation rising above its 2% target for the first time since 2013. The governor dismissed the unexpectedly sharp rise in the cost of living as a “single data point” when quizzed about it at a conference on ethics in banking held at the Bank of England. ... [Read full article on Guardian ]
Tuesday 21st of March 2017 04:10:01 PM
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....”. Higher inflation has increased the chances of an interest rate rise, and more than half of households (58%) are expecting the Bank of England to raise interest rates in the next 12 months. ... [Read full article on Guardian ]
Wednesday 22nd of March 2017 12:35:41 PM
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....8% in January. If proven correct, this forecast, from a Reuters poll of economists, would see inflation at its highest level since November 2013, and above the Bank of England’s government-set target of 2%. ... [Read full article on Guardian ]
Saturday 18th of March 2017 03:59:43 PM
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.... It’s not obvious that all its members – and especially the non-members – have the political will or financial flexibility. A lower oil price this year would be excellent news, not least for Downing Street and the Bank of England. ... [Read full article on Guardian ]
Wednesday 22nd of March 2017 07:28:44 PM
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....We have been here many times before. In the eight years since the Bank of England cut interest rates to a then record low of 0. ... [Read full article on Guardian ]
Thursday 16th of March 2017 05:50:07 PM
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. The former governor of the Bank of England, Lord Mervyn King, says "Scotland certainly could be an independent country" and he does not see any major problems in terms of its currency. ... [Read full article on BBC ]
Monday 20th of March 2017 09:16:47 PM
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. The governor of the Bank of England has defended his handling of the controversy surrounding his deputy Charlotte Hogg and said she shouldn’t have had to resign for an honest mistake in failing to disclose that her brother worked at Barclays. ... [Read full article on Guardian ]
Tuesday 21st of March 2017 12:05:03 PM
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....”. And what is the venue for the BSB event? The Bank of England, where last week Charlotte Hogg resigned as deputy governor over a compliance failure – despite being just a fortnight into the job and being backed by her boss. ... [Read full article on Guardian ]
Sunday 19th of March 2017 07:00:01 AM
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.... If the promoters’ testimony is correct, resellers are breaking consumer rights legislation openly for substantial gain and officials are doing nothing. Mark Carney is right: it would silly if Charlotte Hogg’s exit from the Bank of England meant commercial banks were obliged to operate a “one strike and you’re out” policy for senior staff. ... [Read full article on Guardian ]
Tuesday 21st of March 2017 07:21:21 PM
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Latest Finance News related to Bank Of England

The Trump bump for shares is dented – but watch where the oil price goes | Nils Pratley image
.... It’s not obvious that all its members – and especially the non-members – have the political will or financial flexibility. A lower oil price this year would be excellent news, not least for Downing Street and the Bank of England. ...
UK households most downbeat about finances since 2013 image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 12:35:41 PM
....”. Higher inflation has increased the chances of an interest rate rise, and more than half of households (58%) are expecting the Bank of England to raise interest rates in the next 12 months. ...
Viagogo should be forced to face a grilling over ticket resale abuse | Nils Pratley image
.... If the promoters’ testimony is correct, resellers are breaking consumer rights legislation openly for substantial gain and officials are doing nothing. Mark Carney is right: it would silly if Charlotte Hogg’s exit from the Bank of England meant commercial banks were obliged to operate a “one strike and you’re out” policy for senior staff. ...
UK wages will soon lag behind prices – will the Bank take action? | Larry Elliott image
....Judging by his comments, Mark Carney is blissfully unconcerned about inflation rising above its 2% target for the first time since 2013. The governor dismissed the unexpectedly sharp rise in the cost of living as a “single data point” when quizzed about it at a conference on ethics in banking held at the Bank of England. ...
Carney: Bank of England deputy should not have quit for 'honest mistake' image
. The governor of the Bank of England has defended his handling of the controversy surrounding his deputy Charlotte Hogg and said she shouldn’t have had to resign for an honest mistake in failing to disclose that her brother worked at Barclays. ...
Rising food and fuel prices hoist UK inflation rate to 2.3% image
Source : Guardian [Read Article] Tuesday 21st of March 2017 11:27:08 AM
....8% inflation in January to 2. 3% in February took inflation above the Bank of England’s 2% target and immediately raised expectations on financial markets that the Bank could raise interest rates sooner than previously thought to keep price rises in check. ...
Carney defends Bank of England over Hogg resignation image
Source : BBC [Read Article] Tuesday 21st of March 2017 11:22:41 AM
. Mark Carney has defended the Bank of England's handling of Charlotte Hogg's resignation during a speech on banking ethics. ...
Reality Check image
Source : BBC [Read Article] Tuesday 21st of March 2017 12:18:54 AM
....And it's not just the UKSA that is currently refusing to sign up for CPIH. The Treasury is one of the most important users of the CPI figures, using them to adjust some benefits, inflation-linked bonds, and crucially using it as the basis for the inflation targeting carried out by the Bank of England's interest rate-setters. ...
Lord King: Scotland 'could be independent' image
Source : BBC [Read Article] Monday 20th of March 2017 09:34:16 PM
. Scotland "could be an independent country" but would risk a hit to its public finances, the ex-governor of the Bank of England has said. ...
No major currency problem for Scotland, says Mervyn King image
Source : BBC [Read Article] Monday 20th of March 2017 09:16:47 PM
. The former governor of the Bank of England, Lord Mervyn King, says "Scotland certainly could be an independent country" and he does not see any major problems in terms of its currency. ...
Low UK interest rates 'hurt productivity but saved jobs' image
Source : BBC [Read Article] Monday 20th of March 2017 08:03:10 PM
. Years of ultra-low UK interest rates probably hit productivity, but were a price worth paying to avoid higher unemployment, the Bank of England's chief economist has said. ...
Rising food costs - what's that got to do with the price of Brexit? image
Source : Guardian [Read Article] Sunday 19th of March 2017 07:00:01 AM
....”. And what is the venue for the BSB event? The Bank of England, where last week Charlotte Hogg resigned as deputy governor over a compliance failure – despite being just a fortnight into the job and being backed by her boss. ...
Rising prices set to push inflation over 2% Bank of England target image
Source : Guardian [Read Article] Saturday 18th of March 2017 03:59:43 PM
....8% in January. If proven correct, this forecast, from a Reuters poll of economists, would see inflation at its highest level since November 2013, and above the Bank of England’s government-set target of 2%. ...
MPC member calls for interest rates to rise image
Source : BBC [Read Article] Thursday 16th of March 2017 11:52:03 PM
. UK interest rates should be raised, despite risks in the economy, according to a member of the Bank of England's rate-setting committee. ...
Interest rate rise is further away than MPC vote suggests image
Source : Guardian [Read Article] Thursday 16th of March 2017 05:50:07 PM
....We have been here many times before. In the eight years since the Bank of England cut interest rates to a then record low of 0. ...
Bank of England keeps UK interest rates on hold as it warns on inflation image
Source : Guardian [Read Article] Thursday 16th of March 2017 12:10:58 PM
. The Bank of England has held interest rates at their record low amid signs of an internal split emerging about how to tackle rising inflation. ...
Jones Bootmaker is on the brink – but it's not all gloom on the high street image
....8% and will soon overtake earnings growth. Most people will keep their jobs and they will still be able to afford their mortgages because the lack of any wage pressure means the Bank of England will keep interest rates ultra-low. ...
US raises benchmark interest rate by 0.25% image
Source : BBC [Read Article] Wednesday 15th of March 2017 06:29:37 PM
.... And yet among these three it is only the Federal Reserve in the US that has taken the anti-inflation step of raising its interest rates from record lows. In the UK, the Bank of England expects inflation to rise above the target due to the decline in the pound after the EU referendum. ...
Slow burn image
Source : BBC [Read Article] Wednesday 15th of March 2017 06:27:47 PM
UK unemployment is as low as 1975 – but why aren't wages rising? image
Source : Guardian [Read Article] Wednesday 15th of March 2017 11:18:08 AM
....8% and will soon overtake earnings growth. Most people will keep their jobs and they will still be able to afford their mortgages because the lack of any wage pressure means the Bank of England will keep interest rates ultra low. ...
Jobless rate down but wage growth slows image
Source : BBC [Read Article] Wednesday 15th of March 2017 09:32:42 AM
...."This weakness was broad based, with wage growth moderating in the financial and business services, distribution, construction and public sectors," said Samuel Tombs, chief UK economist at Pantheon Macroeconomics. Wage growth is one of the most important pieces of data that the Bank of England takes into consideration when it makes decisions about interest rates. ...
Charlotte Hogg’s exit raises tough questions for Bank of England | Nils Pratley image
.... It was astonishing that she could omit her brother’s job at Barclays in a form asking about personal relationships that could be perceived as creating conflicts of interest. It is jaw-dropping that she could have written the Bank of England’s code herself and yet failed to follow its precise instructions. ...
Charlotte Hogg image
Source : BBC [Read Article] Tuesday 14th of March 2017 01:51:01 PM
. Bank of England governor Mark Carney has fulsomely promised to do "everything we can to honour" Charlotte Hogg's "work for the people of the United Kingdom" after she resigned as deputy chair for markets and banking on Tuesday. ...
Charlotte Hogg was right to resign, but the departure is cause for concern image
....Charlotte Hogg had to go. If you work in one of the top jobs at the Bank of England and MPs say your professional competence falls short of the highest standards required, you are toast. ...
Charlotte Hogg resigns as Bank of England deputy governor image
Source : BBC [Read Article] Tuesday 14th of March 2017 09:40:11 AM
. Charlotte Hogg, who was set to become a Bank of England deputy governor, has resigned after failing to disclose her brother worked at Barclays. ...
Charlotte Hogg resigns as Bank of England deputy governor image
Source : Guardian [Read Article] Tuesday 14th of March 2017 09:33:31 AM
. Charlotte Hogg has resigned as deputy governor of the Bank of England after MPs concluded she was not up to the role she was promoted into barely two weeks ago. ...
UK economy will grow more strongly than expected, says BCC image
Source : Guardian [Read Article] Tuesday 14th of March 2017 07:01:15 AM
....The BCC joined other bodies in raising its outlook for the UK’s GDP growth this year after a stronger-than-expected close to 2016 and signs of resilience to the Brexit vote among businesses and consumers. But it remains more pessimistic than other forecasters such as the Bank of England and the International Monetary Fund. ...
Bank of England deputy Charlotte Hogg to face MPs' verdict image
Source : Guardian [Read Article] Monday 13th of March 2017 07:57:32 PM
. Charlotte Hogg faces a crucial 24 hours for her future as MPs prepare to publish a report into whether she is suitable to hold the post of deputy governor of the Bank of England. ...
Labour must learn to win if it wants to shape the UK's economic future image
.... Only additional borrowing will sustain consumer spending in the months ahead and that is only feasible because interest rates are at historically low levels. If the Bank of England attempted to push up the cost of borrowing the house of cards would come crashing down. ...
Charlotte Hogg: a family tree deeply rooted in the British establishment image
.... Another Conservative MP, Jacob Rees-Mogg, recalled Hogg Snr speaking in Greek during a visit to Eton. The 46-year-old deputy governor of the Bank of England has no doubt heard many reminiscences about her paternal grandfather: the late Quintin Hogg, who became Lord Hailsham, nearly succeeded Harold Macmillan as Conservative party leader in 1963. ...
Bank of England deputy governor's future hangs in balance image
Source : Guardian [Read Article] Friday 10th of March 2017 07:18:25 PM
. The future of the deputy governor of the Bank of England is in the balance this weekend as MPs weigh up whether to issue a stinging rebuke to Charlotte Hogg, the second most powerful official at the Bank. ...
Banker Charlotte Hogg’s error is a cautionary tale for the privileged | Deborah Orr image
. Charlotte Hogg is the economist who last month was made deputy governor, markets and banking, of the Bank of England. ...
Savers urged to use THIS simple trick to beat dividend tax changes image
Source : Daily Express [Read Article] Thursday 9th of March 2017 04:32:00 PM
....Laith Khalaf, senior analyst at Hargreaves Lansdown, said: "Ordinary investors are now vulnerable to paying much more tax on their dividends unless they use tax shelters to protect their income-producing funds and shares. "This will be particularly galling for those investors who have turned to the stock market for income because the Bank of England’s monetary policy has obliterated the interest they were earning on cash. ...
'This is grossly unfair': self-employed readers react to NICs increase image
Source : Guardian [Read Article] Thursday 9th of March 2017 02:21:03 PM
....This tax increase is going to sap the extra income I make, possibly making it not work the aggro, then what do I do? As far as I’m concerned, May has broken all her promises of an economy that works for everyone, and her Brexit car crash is only going to make it worse. Right now I’m hoping for interest rate hike from the Bank of England and a housing crash so I stand a chance. ...
Co-op Bank warns of more branch closures as it reports £477m loss image
Source : Guardian [Read Article] Thursday 9th of March 2017 11:25:19 AM
.... During its four-year rescue programme the workforce has already halved to 3,895. The bank cannot pay bonuses because of restrictions imposed by the Bank of England while it builds up its financial strength but is paying out £3. ...
Co-op Bank reports loss as suitors circle image
Source : BBC [Read Article] Thursday 9th of March 2017 08:37:46 AM
....So far, no bidder has declared themselves, but the bank said it was "pleased with the interest to date". It was forced to offer itself for sale after it was unable to reach a strong enough footing to satisfy the Bank of England's regulatory requirements. ...
UK economy will grow 2% this year but slow next, OBR predicts image
Source : Guardian [Read Article] Wednesday 8th of March 2017 07:58:42 PM
....The OBR is far from alone in making big revisions to the growth outlook for this year, and the move follows a pattern of forecasters being forced to upgrade the UK’s prospects as the economic news since the Brexit vote has repeatedly confounded predictions of a slowdown. The Bank of England recently raised its forecast for 2017 growth to 2. ...
Budget 2017: Savers BOOST with new top paying NS&I bond...paying 2.2% on savings image
Source : Daily Express [Read Article] Wednesday 8th of March 2017 01:33:00 PM
....It means savers can earn up to £3,202 in interest over the three year term, but this is just an extra £6 a year more than they could get on the open market, according to experts. It comes amid dire saving rates after the Bank of England cut interest rates to 0. ...
Get ready for food inflation to take a bite out of growth | Vicky Pryce image
Source : Guardian [Read Article] Wednesday 8th of March 2017 12:37:50 PM
....8% in January this year. Although not back to the high levels we used to see in previous decades, this still brings the inflation rate very close to the Bank of England’s 2% target, raising the spectre of higher interest rates at some stage. ...
Bank deputy Charlotte Hogg admits breaching guidelines image
Source : BBC [Read Article] Tuesday 7th of March 2017 04:00:30 PM
. Charlotte Hogg, the Bank of England's newly appointed deputy governor for markets and banking, has admitted breaching the Bank's guidelines. ...
Bank of England deputy governor gets warning over conflict of interest image
. The governor of the Bank of England has censured his new deputy governor after she admitted breaking Bank rules by failing to declare that her brother worked for Barclays. ...
Hammond gets budget boost as OECD upgrades UK growth forecast image
Source : Guardian [Read Article] Tuesday 7th of March 2017 10:00:39 AM
.... The currency’s fall since the Brexit vote has made imports more expensive and some of that is being passed on to consumers. The OECD report said: “In the United Kingdom, the pace of expansion in 2016 was lower than in previous years, despite support from resilient household spending, actions by the Bank of England and adjustment to the fiscal stance following the Brexit vote. ...
Snap and Sorrell are wrong: powerful bosses can become untouchable insiders image
....com reckons that in half of all cases in the last 12 months where a PPI claim has been rejected by a bank but then taken to the independent ombudsman, the rejection had been overturned. Read these words Andrew Tyrie, chair of the Treasury select committee, uttered some characteristically choice words last week when he took evidence from Charlotte Hogg, a newly appointed deputy governor of the Bank of England. ...
Budget 2017: No 'spending sprees', Hammond warns image
Source : BBC [Read Article] Sunday 5th of March 2017 02:20:28 AM
...."People are so proud of their NHS and social care system that I don't think many people would argue with paying an extra pound or however much to ensure we actually have an NHS," she told Pienaar's Politics on BBC Radio Five live. Wednesday's Budget takes place after the Bank of England revised up its growth forecast for this year. ...
UK economy cooling after post-Brexit vote growth, surveys show image
Source : Guardian [Read Article] Friday 3rd of March 2017 11:12:26 AM
. Britain’s economy is cooling fast, according to the latest surveys of the services, manufacturing and construction sectors, bolstering expectations that the Bank of England will leave interest rates at their record low for the rest of this year and beyond. ...
UK economy 'loses momentum' as services growth slows image
Source : BBC [Read Article] Friday 3rd of March 2017 10:08:51 AM
....Samuel Tombs, chief UK economist at Pantheon Macroeconomics, said: "We continue to expect quarter-on-quarter GDP growth to average just 0. 2% this year, ensuring that the [Bank of England's Monetary Policy Committee] holds back from raising interest rates despite high inflation. ...
REVEALED: Winners and losers of Bank of England's money-printing programme  image
Source : Daily Express [Read Article] Thursday 2nd of March 2017 04:57:00 PM
....". The Treasury Select Committee has launched an inquiry into the effectiveness and impact of Bank of England policies since 2009. ...
Bank deputy Charlotte Hogg 'must avoid conflicts of interest' image
Source : BBC [Read Article] Thursday 2nd of March 2017 12:00:04 AM
. Charlotte Hogg, a newly appointed Bank of England deputy governor, must take steps to avoid conflicts of interest, say MPs. ...
Will Trump build a wall protecting US banks from global rules? | Howard Davies image
....•Sir Howard Davies, the first chairman of the UK’s Financial Services Authority (1997-2003), is chairman of the Royal Bank of Scotland. He was director of the London School of Economics (2003-11) and served as deputy governor of the Bank of England and director-general of the Confederation of British Industry. ...
When will Britons get a pay rise? image
Source : Guardian [Read Article] Sunday 26th of February 2017 03:05:50 PM
.... There was going to be a quick bounce back from the crash of 2008 offering bumper pay rises all round, quickly pushing up the average wage to new highs. It was this rosy view that encouraged the Bank of England to forecast in every year since 2010 a rise in wages of such force that it said higher interest rates would be needed within two years to calm things down. ...
The Bank of England fears it may not spot the next crisis. Here’s where to look image
....It was like a private confession broadcast to the nation. When Gertjan Vlieghe cast his eyes down at the desk in front of him and said “we are probably not going to forecast the next financial crisis”, it was a moment of sorrow and self-reproach rarely seen from a Bank of England policymaker. ...
Best cash ISAs 2017: Virgin Money and Paragon offer top rates image
Source : Daily Express [Read Article] Saturday 25th of February 2017 01:40:00 PM
.... Even the best rates will struggle to beat inflation, which hit 1. 8 per cent in January, after the Bank of England cute core rates to 0. ...
Quids in: why it’s time to get rid of your £1 coins image
Source : Guardian [Read Article] Saturday 25th of February 2017 07:00:05 AM
.... On 5 May they will cease to be legal tender and will no longer be accepted by shops. If after that date you discover some paper £5 notes in a drawer or tucked in a coat pocket, don’t despair – all Bank of England notes retain their face value for all time. ...
The Bank of England is in denial. Brexit shows people don't act rationally | Robert Skidelsky image
. Early last month, Andy Haldane, chief economist at the Bank of England, blamed“irrational behaviour” for the failure of the BoE’s recent forecasting models. ...
Savers told to vote with their feet for best deals, says finance expert image
Source : Daily Express [Read Article] Wednesday 22nd of February 2017 12:01:00 AM
....Hard-pressed savers have been urged to consider building societies instead as new research shows they offer a better deal. Next month it will be exactly eight years since the Bank of England slashed the base rate to 0. ...
Losing banking jobs to EU 'threatens financial stability across Europe' image
Source : Guardian [Read Article] Tuesday 21st of February 2017 06:00:11 PM
....Such warnings are being passed to the government by a number of top financiers, many of whom believe the City’s early focus on job losses has obscured the more important challenge of persuading Europe that it faces potentially catastrophic risks of its own if London’s position as a financial centre is damaged. “The big question of what being outside the single market [for financial regulation] actually means is still unresolved,” said Sir Howard Davies, the chairman of Royal Bank of Scotland and a former deputy governor of the Bank of England. ...
We are unlikely to spot next financial crisis, Bank of England official says image
. The Bank of England is unlikely to predict the next financial crisis, according to one of the central bank’s leading policymakers, who said economic models were unable to provide flawless forecasts for the UK economy. ...
Is this the end of UK's retail boom? image
Source : Guardian [Read Article] Sunday 19th of February 2017 01:32:28 PM
.... Individuals were getting better off, had lost their fear of being made redundant, and had more money left over when the essentials were paid for. These benign conditions became even more conducive to spending when the Bank of England stimulated the economy in early August, something it was always likely to do once Britain had voted to leave. ...
Tackle your debts while interest rates are at lowest image
Source : Daily Express [Read Article] Sunday 19th of February 2017 11:59:00 AM
.... Citizens Advice Bureau receives 600,000 new debt enquiries every three months. The big worry is that after years of lavishing the public with cheap money, the Bank of England will belatedly hike interest rates to curb inflation. ...
Another Brexit downside: foreign giants in power grabs for famous British names image
....8bn. Buyers have walked away: and after the Bank of England cut interest rates to rock bottom levels in the wake of the vote for Brexit, RBS boss Ross McEwan concluded the operation was not viable as a standalone entity. ...
One in four UK retirees burdened by unpaid mortgage or other debts image
Source : Guardian [Read Article] Friday 17th of February 2017 06:49:49 AM
.... The finding was that 25% of those retiring in 2017 would owe money – up from 20% last year. The Bank of England recently warned about the high level of household debts. ...
Bank of England will retain plastic £5 note, despite vegan protests image
Source : Guardian [Read Article] Wednesday 15th of February 2017 12:11:39 PM
. The Bank of England has decided not to withdraw plastic £5 banknotes from circulation, despite protests from vegans, animal rights activists and religious groups because the notes contain traces of animal fat. ...
Missing wage rises give lie to picture of full employment | Larry Elliott image
Source : Guardian [Read Article] Wednesday 15th of February 2017 11:49:11 AM
.... To be sure, the number of people working was up by 37,000 in the final three months of 2016, but this followed increases of 172,000 in the second quarter and 49,000 in the third. The Bank of England’s regional agents have detected evidence of a lower rate of hiring, and this might be already having an impact on wages. ...
New double whammy to hurt prudent older savers image
Source : Daily Express [Read Article] Tuesday 14th of February 2017 10:29:00 PM
.... . Experts reckon it could top 3 per cent this year yet Calum Bennie, savings expert at Scottish Friendly, said the Bank of England seems unlikely to hike interest rates: “People looking to put money aside for several years might consider a stocks and shares Isa for better growth potential. ...

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