Thursday the Bank of England increased its interest rate by 0.5% to 3.5%, marking the ninth rise in a year and the highest rate since 2008. The 0.5% hike is a slight decrease from the 0.75 percentage point rise in November, ...
It’s official: The interest base rate has been raised from 1.75% to 2.25%. The Bank of England’s Monetary Policy Committee voted last Thursday, 22 September, to raise the interest base rate by 0.50%. This is the second consecutive time that the ...
The interest rate hike meeting of the Bank of England’s Monetary Policy Committee last week was postponed. This was done in deference to the passing of Her Majesty, Queen Elizabeth II.For the mourning period that followed, the Committee rescheduled the ...
The September base interest rate meeting of the Bank of England’s Monetary Policy Committee has been moved to 22 September. The Committee was originally scheduled to meet on the 15th. One the table: voting to raise the base interest rate to ...
Lloyds Banking Group, Britain’s biggest mortgage lender, forecasts that the UK housing market will slow down in 2023, with prices rising just 1.8% this year and eventually falling 1.4% next year. This prediction comes in the wake of the Bank of ...
UK Interest rise for the second month in a row.This is the first time in over a decade. So back to back interest rate rises 0.15% and 0.25%. What's it mean for property investors? Video TranscriptionSo the Bank of England ...
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