Banking
Rise in inflation means save...
Figures published by the government this week showed a sharp increase in the rate of UK inflation. The Consumer Prices Index now stands at 3.7 per cent which means that there is currently only o...
EU credit rules make persona...
Shopping for loans and credit cards is about to get a lot more complicated as millions of borrowers looking for headline rate deals will suddenly find they are offered a more expensive deal. It&...
Forecaster urges Bank to kee...
A leading independent forecaster has said that the Bank of England should hold its base interest ratelow this year, despite mounting pressures for a hike. The non-governmental ITEM Club (‘Indepe...
No increase in Bank of Engla...
The current rate has been unchanged since March 2009, and represents the lowest base rate sincethe Bank of England was founded in 1694. However, criticism from some quarters has focused on rising infl...