Bank of England maintains rates and reiterates ‘gradual approach’ to further easing
The MPC is likely to reduce rates by a quarter point once more this year, as services inflation and wage growth remain ...
Fact check: Rachel Reeves worked for the Bank of England for six years
A social media user has claimed that shadow chancellor Rachel Reeves only “briefly” worked at the Bank of England. They ...
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Bank of England (BOE)
Founded in 1694, the Bank of England (BoE) is the central bank of the United Kingdom. Sometimes known as the ‘Old Lady’ of Threadneedle Street, the Bank’s mission is "to promote the good of ...
Martin Lewis shares credit card debt check ‘you can’t afford’ to miss
And in classic Martin Lewis fashion, he also shared a simple yet genius masterclass to go about lowering these credit card ...
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Bank Rate: What Is It, And How Does It Affect You?
you should always check with the product provider to ensure that information provided is the most up to date. Read Less The Bank of England cut Bank Rate from 5.25% to 5% on 1 August 2024.
Best savings accounts that offer above-inflation rates
After years of low rates, high-yield savings accounts are having a moment as the Bank of England decided to keep interest ...
Bank of England cuts interest rates – how your mortgage and savings will be affected
“Savers need to make sure they proactively check and switch their flexible pots if they haven’t done so for the past few ...
Prefer to deposit checks in person? Bank branches may soon be hard to come by, report says
Physical bank branches have been closing down at a rate of 1,646 branches on average per year since 2018. A new report suggests they could go extinct.