The Bank of England decided to hold the base rate for the sixth time in a row this week – but was it the right decision? Should the MPC have been bold and made a cut? What does it mean for our ...
An business consultant has urged the Bank of England to cut interest rates to "kickstart" the economy when its Monetary Policy Committee next meets. Martin Hartley, who is a member of the Bank of ...
The Bank of England has held its base interest rate at 5.25% ignoring the calls for it to be cut. In its meeting today, the Monetary Policy Committee (MPC) have decided to stand its ground and ...
Tariffs are paid by firms in the importing country which increases costs for them. They may choose to absorb these costs themselves or pass them onto consumers in the form of higher prices.
The Bank of England has continued to keep interest rates frozen at 5.25% in May – unchanged since August 2023. But pressure is mounting on the central bank after inflation fell to 2.3% in the 12 ...
Almost 15 years ago, when the UK was in the foothills of a prolonged period of near-zero interest rates, one of the top bosses at the Bank of England told me that savers might deal with low ...
Meanwhile the chances of rates staying on hold through to September are on a par with those of Arsenal landing the title. Given that Pep Guardiola’s men are only a stumble away from handing the ...
In its latest Monetary Policy Committee meeting, the Bank of England again voted to keep interest rates steady at 5.2pc, however, forecasters predict an eventual shift is on the horizon.
The recent fall in inflation towards the 2% target is not necessarily enough reason for the Bank of England to start cutting interest rates, and it would be better to cut too late than too early ...
The Bank of England has held interest rates at 5.25% for the fourth time in a row. Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our ...