Despite this, NIESR says BoE only has scope to cut rates by a further quarter point this year and once more in 2026, lowering ...
The slump in gold reserves comes amid record-breaking prices for the precious metal. Russians are piling up on what is considered a safe-haven asset in response to high inflation and strict sanctions ...
Savers - I urge you to check the interest rates on your easy-access accounts constantly in the coming weeks, but don't ...
Barclays has announced it will be dropping savings rates on two popular accounts. The Everyday Saver will drop from 1.50% to just 1.25% on balances up to £10,000, while the Rainy Day Saver will fall ...
At 4.5 per cent, the bank rate is well above most estimates of the so-called neutral rate, the point at which monetary policy is neither expansionary nor contractionary. Inflation is close to target, ...
Its Rainy Day Saver will have its rates fall from 5.12 per cent to 4.87 per cent for those with less than £5,000 has been ...
The high street bank has reduced mortgage rates for both home movers and those remortgaging, by up to 0.36 percentage points.
Bank of England policymaker Catherine Mann said on Tuesday that her unexpected vote for a half percentage-point cut in ...
Rachel Springall, finance expert at Moneyfactscompare.co.uk, said savers who were “enchanted” by Chase’s guaranteed bonus of ...
Britain's central bank cut its main interest rate in response to a troubling mix of stuttering growth, stubborn inflation and ...
Bank boss Andrew Bailey told the BBC it expected to cut rates further but warned the road ahead would be bumpy.
The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.
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