Interest rates: How the Bank of England's decision affects you and your money
Posted on 21st Sep 2023
The Bank of England has held interest rates at 5.25%, bringing a run of 14 consecutive rises to an end.
News
Finance
Posts with Tag: UK economy
What is the Bank of England and why does it change interest rates?
Posted on 21st Sep 2023
The Bank of England has held rates at 5.25%, after 14 successive increases since November 2021.
How much money is the UK government borrowing, and does it matter?
Posted on 21st Sep 2023
How does government borrowing work, and how and when is the money paid back?
Government borrowing rose to £11.6bn in August
Posted on 21st Sep 2023
Public borrowing was higher than most economists had expected last month.
UK interest rate decision set to be close call after inflation fall
Posted on 21st Sep 2023
Interest rates were widely expected to rise to 5.5%, but half of investors now think they may not change.
UK inflation: Slowing food prices drive surprise fall
Posted on 20th Sep 2023
Prices are now rising at their slowest rate in a year-and-a-half with inflation falling to 6.7% in August.
UK inflation forecast to be highest of advanced economies
Posted on 19th Sep 2023
Prices will rise faster in the UK than any other G7 country this year, a forecast suggests.
Warning over fuel prices as oil hits 10-month high
Posted on 19th Sep 2023
The price of a barrel of oil rose above $95 on Tuesday, stoking fears it could impact inflation.
UK interest rates left unchanged in surprise move
Posted on 21st Sep 2023
The decision comes a day after figures revealed an unexpected slowdown in UK price rises in August.
How much money is the UK government borrowing, and does it matter?
Posted on 21st Sep 2023
How does government borrowing work, and how and when is the money paid back?
Government borrowing rose to £11.6bn in August
Posted on 21st Sep 2023
Public borrowing was higher than most economists had expected last month.
UK interest rate rise bets slashed after inflation fall
Posted on 21st Sep 2023
Interest rates were widely expected to rise to 5.5%, but half of investors now think they may not change.
Interest rates: How a rise affects you and your money
Posted on 21st Sep 2023
The Bank of England is deciding whether to raise interest rates for the 15th time in a row.
UK inflation: Slowing food prices drive surprise fall
Posted on 20th Sep 2023
Prices are now rising at their slowest rate in a year-and-a-half with inflation falling to 6.7% in August.
What is the UK inflation rate and why is it so high?
Posted on 20th Sep 2023
The rate at which prices are rising has fallen but remains well above the 2% inflation target.
What is the Bank of England and why does it change interest rates?
Posted on 20th Sep 2023
The Bank of England has put up interest rates to 5.25% as it tries to control inflation.
UK inflation forecast to be highest of advanced economies
Posted on 19th Sep 2023
Prices will rise faster in the UK than any other G7 country this year, a forecast suggests.
Warning over fuel prices as oil hits 10-month high
Posted on 19th Sep 2023
The price of a barrel of oil rose above $95 on Tuesday, stoking fears it could impact inflation.
What will happen next for Wilko and its workers?
Posted on 17th Sep 2023
The retailer has collapsed and will disappear from the High Street, but will continue online.
What is the Bank of England and why does it change interest rates?
Posted on 20th Sep 2023
The Bank of England has put up interest rates to 5.25% as it tries to control inflation.