3 h. ago What do jobs market wobbles mean for the Bank of England's next interest rates decision?

Fresh data on the state of Britain's job market provided a fresh headache for the Bank of England as it prepares for its latest decision on interest rates this week.

Economics

52 h. ago Interest rates could remain at 4% until 2026, economists say

The Bank of England’s Monetary Policy Committee will announce its latest decision on Thursday.

Politics

7 d. ago Record high choice of cash savings accounts in September – Moneyfacts

Despite the Bank of England base rate having recently been reduced, only 26% of savings accounts on the market can beat it, Moneyfacts said.

Economics

2 w. ago Bank of England policymaker calls for interest rates to stay on hold for longer

Catherine Mann, a member of the Bank’s Monetary Policy Committee (MPC), said keeping rates at the current level was ‘appropriate right now’.

Events

3 w. ago UK inflation rises by more than expected to 3.8% amid higher food prices

Annual July rate all but rules out possibility of a further Bank of England interest rate cut this yearBusiness live – latest updatesInflation rose again last month, to a higher than expected 3.8%, amid higher food and fuel prices, adding to fears that the Bank of England will delay further interest rate cuts.Figures showed the annual rate as measured by the consumer price index (CPI) climbed from June’s 3.6% reading, sitting above the central bank’s 2% target for the 10th consecutive month. Continue reading...

Economics

last month Lloyds Bank offering 6.25% interest on savings for certain customers

The high street bank is keeping competition fresh in the savings markets as others cut interest rates in the wake of the Bank of England base rate drop

Economics