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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Bigger tax hikes could mean lower interest rates
All posts tagged: Bank of England
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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Increasing Bank Base Rate
Due to the increasing Bank Base Rate and volatility in the finance markets lenders are amending their product offerings at an alarming rate. A lender 6 months [...]
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Bank Rate maintained at 0.1%
Monetary Policy Committee Announcement - Bank Rate maintained at 0.1% At its meeting ending on 4 November 2020, the MPC voted unanimously to maintain Bank Rate at [...]
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Bank of England cuts base rate and orders £200bn printed
Yesterday afternoon, the Bank of England cut its base rate to a joint-record low of 0.1% – warning the coronavirus pandemic will result in a “sharp and […]
