Andrew Sentance – a key member of the Bank of England’s Monetary Policy Committee – hascriticized the Bank’s own economic forecasts and argued that interest rates need to rise...
Do you rely on your savings for income? Those Brits who need their savings to supplement their income are being hit hard by rising inflation. That’s the view of financial data company Mone...
Bank of England governor Mervyn King has calmed expectations of an early interest rate rise.Presenting the bank’s inflation report, he has said “some people are running ahead ofthemselves&...
With likely increases to the Bank of England base rate on the horizon, many mortgage lenders aremoving to withdraw their best fixed rate mortgage deals, replacing them with more expensiveproducts. Sev...