News

Bank of England interest rate-setters want inflation down before more cuts
Two Bank of England (BoE) policymakers have cautioned about further interest rate cuts, following last week's quarter-point ...
BoE's Greene says price pressures still too high, inflation expectations rising
Bank of England monetary policymaker Megan Greene said on Monday that wage and inflation measures were moving in the right ...
Two Bank of England rate setters urge caution on inflation after voting to cut base rate
Members of the Bank of England's Monetary Policy Committee have urged cation over persistent inflationary risks to the ...
U.S. Trade Agreements Mark Progress, Despite Lingering Uncertainty, BOE’s Lombardelli Says
Progress toward reducing trade barriers has been made but uncertainty from U.S. trade policy will lead to weaker growth and ...
Sky14h
Money blog: Cheapest supermarket for big shop named; major tax changes to affect millions
Benefits and tax credits that are linked to inflation will rise by 1.7% this ... repayments in February - an average of £294. "The Bank of England base rate is projected to fall further before ...
Sky20h
Money blog: Most crowded holiday hotspots revealed (and one of them is still described as a 'secret')
The average interest rate on a two-year fix was 5.06% in 2023, but it has since fallen to 4.33%, according to Bank of England figures. Five-year fixes are hovering around 4.6%. Empty shop shelves ...