Inflation in the UK is too high say the Bank of England's Monetary Policy Committee when they met on 11th May 2023, with it being around 10% [...]
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Bank of England Base Rate
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Full expensing, what it means for business in 2023
A number of measures were introduced in the March 2023 Budget to stimulate economic growth through investment, one of which being full expensing. Full expensing means that [...]
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When will interest rates peak and what does this mean for borrowers
What a start to February with the Board of Governors of the Federal Reserve (FED) voting unanimously to raise the interest rate paid on reserve balances to [...]
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Support for SMEs struggling to get loans
SMEs struggling to get loans A recent survey suggests that SMEs are struggling to get loans from high-street banks. The survey saw three-fifths of SMEs say they [...]
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Bigger tax hikes could mean lower interest rates
Bank of England chief economist Huw Pill said on Monday that a bigger tax raid by Jeremy Hunt in next week’s Autumn Statement could dampen down demand [...]
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Bank of England base rate projections
Extract of the Summary from The Bank of England's Monetary Policy Committee 3rd November 2022... The MPC’s projections were conditioned on the path of Bank Rate implied [...]
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