The Bank’s blunders will send Britain into deflation
In my view, the Bank of England, the European Central Bank, and the Fed have failed to keep up with...
archiveBank of England
What the Bank of England’s interest rate decision means for your money
Surging interest rates have caused mayhem in the property market over the past year, and many mortgage borrowers will hope...
String of lenders cut rates ahead of Bank of England decision
He said: “The problem is that swap rates have risen in January so it is unlikely that mortgage rates continue...
HSBC fined £57 million by UK watchdog for mismarked deposits
HSBC Holdings Plc was fined £57.4 million ($73 million) by the UK for incorrectly excluding billions of pounds of its...
FOREX-Dollar slides as Asian and European currencies rally
The dollar dropped on Wednesday as the yen jumped on expectations that Japan's ultra-easy monetary policy will soon end, while...
UK Inflation Data Puts Early Rate Cuts in Doubt
UK consumer prices unexpectedly heated up in December, according to data from the Office for National Statistics on Wednesday. The...
UK Inflation Preview: What to Expect on Wednesday
The inflation narrative switched from "transitory" to "sticky" in 2022 and 2023; today the markets are anticipating rate cuts as...
Undervalued UK banks set for potential 2024 turnaround
2023 marked a tumultuous period for banks globally, after the US suffered a regional banking crisis sparked by the collapse...
Mortgage payments soar by £200 a month after interest rate hikes
During the first lockdown, the average payment fell to a low of £657 per month – almost £250 below current...
UK Treasury plans reforms to manage small bank failures after SVB collapse
The consultation, published today (11 January), comes nearly a year after the collapse of Silicon Valley Bank, when HSBC stepped...
