Bank of England is set to hike rates to battle inflation. That means pain for borrowers
The Bank of England is poised to raise borrowing costs again to combat stubbornly high inflation, which has failed to ...
Tag: Bank of England
UK inflation exceeds expectations in May
Core inflation — which excludes volatile energy, food, alcohol and tobacco prices — rose by an annual 7.1%, up from ...
1.5m UK homeowners on variable rate mortgages face new borrowing rise
Bank of England expected to push interest rates up to 4.5% to tackle high inflation rate Almost 1.5 million homeowners ...
The story behind the Bank of England
The Bank of England has been a cornerstone of the British economy for centuries. It has been a major influence ...
Bank of England expected to raise interest rates again after UK inflation only dips to 10.1%
The odds of the Bank of England raising interest rates again next month have jumped. The money markets indicate there ...
Mortgage misery as Bank of England hikes interest rates to a 14-year high
Double whammy as average council tax bill to pass £2,000 for the first time Millions of homeowners and thousands of ...
Bank of England raises interest rate by quarter point after surprise leap in inflation
A shock rise in inflation has prompted the Bank of England to raise borrowing costs for an 11th consecutive month. ...
Bank of England expected to raise interest rates after Fed hike – at noon GMT
With inflation worryingly high, and the banking system in turmoil, these are difficult times for central bankers. And today, the Bank ...
Britain’s biggest banks under pressure to pass on higher interest rates to savers
Unite says their analysis shows banks have made £7bn in extra profit from the rise in borrowing costs Britain’s biggest ...
Bank of England insists: Britain’s banking system is ‘safe and sound’ after $2bn Credit Suisse rescue deal
Despite $54billion lifeline from Swiss National Bank, Credit Suisse forced to sell Investor and client confidence plunged following string of ...