Archive for November, 2015

Interest rates may not rise until 2017, hints Bank of England

Posted: November 23rd, 2015 | Posted by: admin

For the third consecutive month, just one of the nine Monetary Policy Committee members voted to raise rates this month.The Bank also noted that the first rate rise may not happen next year after all, as it released its quarterly inflation report.The revised forecast is a boost for borrowers but a blow to savers, who […]

Posted in UK Interest Rates | No Comments | By: admin