The Bank's rate-setting committee voted to hold the base rate at 5.25%, insisting 'the timing of the general election was not relevant to its decision'.
The Bank of England has been accused of making a “political decision” after holding interest rates at a 16-year high despite inflation falling to its target.
The Bank of England held its main interest rate at 5.25 per cent, a 16-year high, in its final meeting… Continue reading Bank of England holds rates at 5.25 per cent ahead of election
Bank of England kept rates steady while Swiss National Bank cut its key rate. UK ETFs ticked up, with EWU up 0.66%, FLGB up 0.7%, and FKU up 0.57%. BOE is expected to cut rates in August, while other European central banks have already…
The Board of Control for Cricket in India (BCCI) has unveiled the schedule for the upcoming 2024-25 international home season, featuring exciting tours by Bangladesh, New Zealand, and England. Season Kicks Off with Bangladesh Tour The…
The GBP/USD pair is balancing around 1.2709 on Thursday, after the British pound rose in price against the US dollar for three consecutive days and finally paused.
The Bank of England on Thursday kept its key interest rate at a 16-year high despite slowing UK inflation, opting against a cut before Britain’s general election next month. While annual inflation slowed in May to a near three-year low of…
A mortgage holder on the current average SVR could end up paying £287 more per month compared with if they were on an average two-year fixed-rate mortgage