by David Jones | Jun 29, 2023 | Opinion
A week ago, Bank of England (BofE) Governor Andrew Bailey announced that The Bank had decided to increase the base rate by a half percent to an eyewatering 5%, the 13th consecutive time it had raised rates in the last eighteen months. The monetary policy committee...
by David Jones | Mar 30, 2023 | Comments on Global News, Opinion, Personal Finance
In light of the latest figures on inflation, with a jump to 10.4% during February, the Bank of England (BoE) has once again decided to raise UK interest rates by 0.25%, taking the current rate of interest to 4.25%, its highest figure since the banking crisis of...
by David Jones | Jun 30, 2022 | Opinion
As the UK lurches ever nearer to recession, this has been compounded by soaring inflation which continues to squeeze households and businesses. As a consequence, the Bank of England (BoE) has raised interest rates by 0.25% for the fifth consecutive time. The highest...