NS&I Reduces Rates on Premium Bonds
National Savings & Investments (NS&I) today announced that it is reducing the annual Premium Bonds prize fund rate by 0.20% to 1.30% on 1 August 2013. Also on that date, the odds of each £1 Bond number winning a prize …
The European Central Bank cuts interest rates to record low
The European Central Bank (ECB) has cut its benchmark interest rate to a new record low of 0.5%.
The move comes amid on-going worries about the Eurozone’s economic health.
This move brings the ECB benchmark interest rate to the same …
Bank of England holds interest rates and refrains from further QE
The Bank of England has kept UK interest rates at 0.5% and announced no expansion to its quantitative easing (QE) programme.
The quantitative easing stimulus programme has already injected £375 billion into the UK financial system.…
Bank of England holds interest rates and refrains from further QE
The Bank of England has kept UK interest rates at 0.5% and announced no expansion to its quantitative easing (QE) programme.
The quantitative easing stimulus programme has already injected £375 billion into the UK financial system.…
UK interest rates unchanged at 0.5%
The Bank of England has kept UK interest rates at 0.5% and announced no expansion to its quantitative easing (QE) programme.…