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Sentance pushes for rate ris...
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...
Warning Signs Of Falling UK...
UK consumers were today warned to expect falling real incomes for this year and beyond after inflation was forecast to keep on rising. The Bank of England today predicted that inflation will rise towa...
Stop fretting over interest...
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&...
Price hikes for fixed rate m...
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...