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BUSINESS

Bank of England To Hike Interest Rates Up To 5%

Digital Desk -
According to Reuters British inflation defied predictions of a slowdown and held at 8.7% in May, putting yet more pressure on the Bank of...
BUSINESS

Bank of England Raises Interest Rate To 4%

Digital Desk -
The Bank of England has hiked interest rates by 0.5 percentage points taking the base rate to 4 percent. This is the tenth increase...
ECONOMY

Market Snapshot: Stocks mixed moves following rate hikes

Digital Desk -
The Bank of England (BoE) and US Federal Reserve raised their interest rates by 75 bps last week. European equities rose in value, whilst...
ECONOMY

Central banks under stress as bond yields rise

Digital Desk -
The Bank of England (BoE) revealed measures taken to further ease the strain on pension funds. These decisions followed after increased pension fund stress...
ECONOMY

Bank of England confirms largest interest hike in over 25 years as long recession looms

Digital Desk -
The Bank of England (BoE) raised interest rates by the most in 27 years on Thursday, despite warning that a long recession is on...
ECONOMY

Bank of England to hold rates as UK economy rebounds

Digital Desk -
The Bank of England is expected to leave interest rates on hold at the historic low of 0.1 per cent on Thursday as the...
BUSINESS

UK moving sharply into recession, says Bank of England governor

Digital Desk -
Britain is very sharply moving into recession due to the coronavirus crisis, Bank of England governor Andrew Bailey has said. Mr Bailey’s comments echoed those...
BUSINESS

Bank of England governor vows on first day to take prompt action on Covid-19

Digital Desk -
The new governor of the Bank of England has started his first day in the job vowing to take “prompt action again” to deal...
BUSINESS

Bank of England delivers Brexit-eve growth downgrades, but holds rates on signs of pick-up

Digital Desk -
The Bank of England has delivered a blow on the eve of Brexit by slashing its growth forecasts for the next three years, but...
ECONOMY

Bank of England to make ‘knife-edge’ rates decision amid cut speculation

Digital Desk -
Bank of England policymakers will gather for a “knife-edge” decision on interest rates this Thursday following recent speculation a cut may be on the...
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