Bank of England warns ‘age of uncertainty’ stopping rapid rate cuts
An “age of uncertainty”, especially over the path of inflation, means that rapid interest rate cuts are unlikely to be coming ...
Bank of England warned rate cuts could unleash new inflation nightmare
Deutsche Bank now forecasts inflation could soar to 4.25% by summer, making further rate cuts a dangerous move. Chief UK ...
Don't let your bank pull this sneaky trick to cut your rate, says SYLVIA MORRIS
If I ask you to do one thing this week it's to check on the interest rate of your savings account to make sure it is still ...
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Bank of England leaves basic rate at 5,25%; little space for any cuts
The Bank of England Monetary Policy Committee, MPC, at its meeting ending on 31 January 2024, voted by a majority of 6–3 to maintain Bank Rate at 5.25%. Two members preferred to increase Bank ...
Interest rate jitters curbing sales, Berkeley warns
Despite Berkeley Group's concerns, help is unlikely to come from the Bank of England next week due to Budget tax hikes.
Mortgage relief as major bank cuts rate to two-year low
HSBC UK has reduced its standard variable rate (SVR) on homeowner mortgages to its lowest rate in two years. The move will mean lower monthly payments for homeowners who have moved from a fixed rate ...
Slash interest rates to save the economy, says Bank policymaker
The Bank of England must slash interest rates to shore up the struggling economy, a top policymaker has warned, rejecting ...