One in four cash Isas at the major providers now pays less than 0.25 per cent meaning savers are getting less than the official interest rate banks earn on their own deposits at the Bank of England. MailOnline Also reported by •thisismoney.co.uk
Inflation in Britain rose strongly in December – linked to the Brexit vote. The large fall in the value of the pound against other currencies since last June’s referendum has pushed up the cost of.. Source: Euronews English -
With strong arguments against fresh Bank of England policy measures being introduced on the 4th of August, we see the balance of risks lying with a stronger British Pound against the Euro and US Dollar.. Source: Wochit Headline News -
Jan.16 -- Steven Major, global head of fixed income research at HSBC, discusses the volatility in the pound and the gilt market. He speaks to Bloomberg's Guy Johnson and Matt Miller on "Bloomberg.. Source: Bloomberg Global Business -
Jan.12 -- Paul Schmelzing, visiting scholar at Bank of England, looks back at the risk-free rate over eight centuries of bond trading. He speaks with Bloomberg's Francine Lacqua on "Bloomberg.. Source: Bloomberg Global Business -
Jan.12 -- Paul Schmelzing, visiting scholar at Bank of England, and Peter Dixon, global equities economist at Commerzbank, offer historic perspective on the current bond bull market. They speak with.. Source: Bloomberg Global Business -
The old £5 notes will cease to be legal tender later this year, meaning you won't be able to use them to pay for anything at all.The new fivers are virtually indestructible and have captured people's.. Bath Chronicle Also reported by •Leicester Mercury
Inflation has come in higher than expectations as weaker sterling continues to feed through into higher prices for the UK consumer. The 1.6 per cent increase in December surprised analysts.
The Bank.. City A.M.
The new plastic five pound notes have now been in circulation for four months now and have become increasingly common.At first relatively rare the notes, which feature an image of Winston Churchill,.. The Sentinel Stoke
Prices in the UK increased by 1.6 per cent in December, as the impact of a weaker pound continues to feed through on consumer shopping baskets.
In November annual consumer price inflation of 1.2 per.. City A.M.
Suppose the UK had voted to stay in the EU. Would the Bank of England have hiked its benchmark interest rate by now? Yes, probably. But that didn’t happen. Instead, the central bank aggressively.. City A.M.
With the rise of digital, information networks, robotics, and the smartphone, the pace of technological change is accelerating. This has coincided with increasing populism, creating political and.. City A.M.
The UK's monetary policy will need to adaptive and flexible post-Brexit to respond to trade agreements and the effect uncertainty will continue to have on sterling, the governor of the Bank of England.. City A.M.