Archive for the ‘UK Interest Rates’ Category


Can interest rates really stay low for longer?

Posted: April 5th, 2016 | Posted by: admin

Will rates really stay flat for another three years? That seems to be what the markets are now saying about UK base interest rates and if that is right, there has been a radical shift in outlook over the past six months. Remember that last autumn Mark Carney was suggesting that people should expect the […]


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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 […]


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Super Thursday: Bank of England votes 8-1 to hold interest rates

Posted: August 6th, 2015 | Posted by: admin

City analysts push prospect of a rate rise into 2016 as only one MPC member votes for an increase Fears that the Bank of England is poised to start raising interest rates have receded, after news that just one of the nine members of its policy committee voted to increase borrowing costs from their record […]


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First rate rise? Forecast shifts to August 2016

Posted: April 8th, 2015 | Posted by: admin

Two-minute briefing: Predictions have shifted again in 2015. We explain why – and what it means for mortgages and savings Bank Rate, at 0.5pc for nearly six years, was held again last month. A rise in interest rates in 2015 is looking less likely after a sharp decline in the rate of inflation at the […]


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Interest rates could rise sixfold in three years

Posted: March 18th, 2014 | Posted by: admin

Interest rates will rise six-fold by 2017 as Britain’s economy becomes one of the fastest growing in the developed world, the Bank of England Governor said on Tuesday. The increase to more “normal” levels will be welcomed by many savers who have faced record low rates for more than six years, but is likely to plunge […]


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Davos 2014: Carney says no immediate rate rise needed

Posted: January 27th, 2014 | Posted by: admin

Bank of England governor Mark Carney has said there is “no immediate need to increase interest rates”.   He told BBC Newsnight the case for a rate rise would be examined in next month’s inflation report, but that it was important to look at the whole labour market, not just one indicator. On Wednesday, the […]


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Bank of England holds UK interest rates at record low

Posted: January 7th, 2014 | Posted by: admin

The Bank of England has kept interest rates at a record low of 0.5%, despite signs that the UK economy is improving. The decision was widely expected, given governor Mark Carney’s pronouncements that the Bank would not even consider raising rates until unemployment falls below 7%. Even then, Mr Carney said a rate rise was […]


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UK interest rates to stay at 0.5% in 2014 – economists

Posted: January 6th, 2014 | Posted by: admin

Interest rates in the UK are unlikely to rise this year, according to a snapshot of views of the UK’s top economists from the BBC. An overwhelming majority, 93% of the 28 economists polled, think rates will still be 0.5% at the end of 2014, with more than half predicting the first rise in the […]


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