MPs Concerned Over Bank of E...

November 16, 2013

Several MPs have expressed their concern over the Bank of England’s role in the Help to Buy scheme operated by the government. The Treasury Select Committee claims that the scheme could lead to a pr...

Sir Jon Cunliffe Becomes Ban...

July 28, 2013

Sir Jon Cunliffe, a civil servant who previously worked in the Treasury, will become the Bank of England’s deputy governor. The well-known financial figure, who was a key individual in correcting Br...

Mortgage rates increase toda...

May 01, 2012

The year is only one-third over and it seems as though the news goes from bad to worse in the area of personal finance. Not only have Britons been hit with the fact that the UK is caught up in a doubl...

BoE Halts an Aspect of Its Q...

October 18, 2011

In an unexpected and surprising move, the Bank of England (BoE) recently stopped buying bonds that have a 2017 maturity date with a coupon of 8.75pc, after bond dealers rose the price to more than 140...