Bank of England poised to cut UK interest rates, experts predict
Money markets are narrowly betting that the Bank of England (BoE) will cut UK interest rates this Thursday, despite recent...
archiveBank of England
Central banks in Japan, UK, U.S. meet this week
It’s a big week in the world for monetary policy. The central banks of the U.S., England and Japan are...
Mortgage approvals for house purchase steady in June, says Bank of England
The number of mortgage approvals made to home buyers remained “broadly stable” in June, according to the Bank of England.Some...
Savings rates are destined to fall – here’s where to invest now
Remember you will pay an annual management fee on top of whatever your stockbroker charges to hold your investment on...
Bank of England’s interest rate decision on a knife-edge, economists say
The Bank of England’s next decision on interest rates sits on a “knife-edge”, experts have said, as borrowers wait to...
UK property market sees green shoots as buyers anticipate rate cut, lower mortgage rates
“The outlook for interest rates and mortgage rates for the rest of 2024 are looking very good,” said Paul Finch,...
Charting the global economy: UK services inflation tops forecast
(Bloomberg) --Britain recorded stronger-than-expected inflation in its services sector last month, retail sales weakened and the budget deficit exceeded estimates...
UK’s national debt is now at highest level since 1962
THE national debt is at its highest level since 1962, according to official figures.It is now worth 99.5 per cent...
CHAPS Payment System Service Restored
The Bank of England said Thursday (July 18) that a global payments issue that was affecting CHAPS, the United Kingdom’s high-value payment...
Bank of England hit by ‘global payment issue’ that could affect house sales
The Bank of England has been hit by a "global payment issue" affecting its CHAPS service.The Bank’s Chaps payment system processes hundreds of billions of...
