It’s not a big cut, just 5% of 5.25% to 5%, in fact, a quarter of a percent or 25 basis points as...
Bank of England
“Bank of England maintains interest rate at 16-year high”
News that interest rates aren’t coming down yet could be spun as a positive, at least they’re not...
“UK shop price inflation drops to two-year low in March”
Aged 13 (different times), my first Saturday job was in a supermarket (the Coop in Selsdon, if you...
“What next for investors if interest rates have peaked?”
What next is a much better couple (or more) of years ahead. If you have investments, you’ll have...
“Bank of England holds rates steady at 5.25% as inflation concerns persist”
So interest rates are staying up here, and, as importantly for us, our investments and the rest of...
“CBI forecasts no Bank of England rate cuts until at least 2026”
Here’s a cheery, pre-Christmas message. While many or most have predicted that interest rates...
“The true impact of inflation on cash savings and pensions”
Leaving your money in the bank or building society has always meant that its ‘real value’ after...
“Cut interest rates to prevent recession, says Institute of Economic Affairs’ SMPC”
The ‘lag’, ‘trailing leg’ or ‘long wake’ of any economic measure means that its effects are often...
“Bank holds interest rates and warns it’s too early to cut”
Thursday at the Bank of England was much like any other day. And then…nothing happened (one for...
“Treasury yields and dollar rise as investors assess interest rate outlook”
All the fund manager presentations are focusing, not on interest rates, but they’re controlling...
“Bank of England raises interest rates to 5.25%”
If you beat someone or something for long enough, submission will follow one way or another. One...
“HSBC profit more than doubles as interest rates rise”
I’ve been running my own business for many a year now, but the great thing is that there’s always...
“Weekend Essay: Why I won’t be saying goodbye to ERNIE anytime soon”
I have been a big fan of Premium Bonds for many years now, and still regularly recommend them as...
“Nearly 1.8mn savers trigger tax penalty on cash savings interest”
Like love, stealth taxation is all around us. Those oh-so-reluctantly given public-sector pay...
“Bank of England meets expectations with 25bps hike”
The ‘meets expectations’ is the key here. The BofE feels obliged, as it’s their ‘job’ to keep...