Chancellor Jeremy Hunt urges Bank of England to not cut rates too quickly and risk raising them again
CHANCELLOR Jeremy Hunt yesterday urged the Bank of England not to cut rates too quickly and risk raising them again. The Bank kept rates at…
Profits at Lloyds fall after bank squeezed to increase rates for savings accounts customers
PROFITS at Lloyds have fallen by more than a quarter after the bank faced more pressure to increase rates for savings accounts customers. Britain’s biggest…
Bank of England is among world’s poorest at making economic forecasts, says report
THE Bank of England is among the world’s worst at making economic forecasts, a report says. It has “significant shortcomings” in making predictions and relies…
Millions of drivers across UK to be hit by price hikes of up to £600 in DAYS – check if you’ll be exempt
MILLIONS of people across the UK are set to be hit with a huge price hike over their motors in just days. Starting from Monday,…
Petrol and diesel drivers with older motors warned of tax increase within weeks – check if you’re affected
PETROL and diesel drivers with older motors have been warned of tax increases within weeks. The hike comes during a cost of living crisis and…
Bank of England confirms key interest rate decision – affecting everything from mortgages and credit cards to savings
MILLIONS of households will breathe a sigh of relief as the Bank of England left interest rates unchanged again today. Decision-makers on the Bank's Monetary Policy Committee (MPC)…
UK inflation rate remains unchanged at 4% in January – what it means for your money
THE UK’s rate of inflation remained at 4% in January in a blow for household budgets. The annual rate at which prices are rising remained at the…
Bank of England forecasts inflation will fall to target of two per cent 18 months early
THE Bank of England yesterday forecast inflation will fall to its target of two per cent 18 months earlier than expected. The encouraging news led…