Bank of England to Cut Interest Rates Only Twice More, NIESR Predicts
Despite this, NIESR says BoE only has scope to cut rates by a further quarter point this year and once more in 2026, lowering ...
Bank of England's Mann: Bigger rate cut was needed to 'cut through the noise'
Bank of England policymaker Catherine Mann said on Tuesday she voted for a half-point interest rate cut last week to "cut ...
Bank of England's Mann says no to 'cut, cut, cut' on rates
Bank of England policymaker Catherine Mann said on Tuesday that her unexpected vote for a half percentage-point cut in ...
Bank of England chief fuels hopes of faster interest rate cuts... but only because Labour's jobs disaster will hold down inflation
Catherine Mann, a member of the rate-setting Monetary Policy Committee, insisted a predicted rise in prices would likely just ...
Another major bank cuts mortgage rates: Will cheapest deals head back below 4%?
The high street bank has reduced mortgage rates for both home movers and those remortgaging, by up to 0.36 percentage points.
Chase Bank cuts savings payouts on two February dates in unwelcome message
Chase Bank has issued an unwelcome message to customers as it drops payouts twice. The online-only US bank, which has ...
Investors are not taking the Bank of England seriously
The Bank of England's latest forecasts show that policymakers are far more nervous about inflation than many in the City.
Bank of England policymaker says job losses will ‘restrain’ inflation rise
Catherine Mann said more job cuts and a slowdown in hiring partly driven by higher company taxes will slow price rises across ...
UK interest rates are too restrictive
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, ...
Barclays customers issued warning as bank makes huge change to accounts this week
The high street bank is set to slash the interest rate on two of its savings accounts this Thursday. The first will be its ...
If you're earning less than 4% on your cash in a month's time, you MUST move accounts, says SYLVIA MORRIS
Savers - I urge you to check the interest rates on your easy-access accounts constantly in the coming weeks, but don't ...
Barclays warning for customers as interest rates drop
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 ...