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How Interest Rates are Deter...
In a recent post released by the BBC, an effort was made to describe just exactly how the Bank of England sets interest rates. This is probably due to the overwhelming confusion amidst taxpayers as to...
Inflation Forecast to Fall R...
As economies struggle to stabilise around the world, the Bank of England released its quarterly Inflation Report which has a grim outlook for the financial outlook in the UK. They further project that...
Brits expect interest rates...
British savers expect interest rates to rise in 2011 with two third expecting rates to be higher before the New Year. That’s the results of a new survey from Lloyds TSB which shows that beleaguere...
Rate rises ruled out as infl...
There was some good news for millions of borrowers in the UK this week with the Governor of the Bank of England ruling out imminent interest rate rises. Despite inflation in the UK rising to 4.5 per...