Bank of England hints at future interest rate rise – but holds rates at 0.25%
The Bank of England has once again kept UK interest rates at a record low of 0.25%. Interest rates have been at this level since August 2016.
The Bank of England’s Monetary Policy Committee (MPC), who set interest rates, voted …
Bank of England holds interest rates at 0.25%
The Bank of England has once again kept UK interest rates at a record low of 0.25%. Interest rates have been at this level since August 2016.
The Bank of England’s Monetary Policy Committee (MPC), who set interest rates, voted …
Bank of England cuts interest rates to new record low and restarts QE
The Bank of England has cut UK interest rates to a new record low of 0.25%. This is the first change in interest rates since March 2009.
The Bank of England has also announced it will pump a further £70 …
How would a UK interest rate rise affect people?
After a sustained period of low interest rates in the UK on 12th June 2014, the Governor of the Bank of England Mark Carney indicated a rise in interest rates could happen ‘sooner than markets currently expect’.
For some people …