A warning has been issued as nearly £400billion is currently sitting in bank accounts earning only 1% of interest or less. Roughly £380.9 billion is thought to be sitting in …
The Bank of England is coming under increased fire after erroneously predicting inflation last month. The bank stated in its quarterly report that it anticipated inflation to drop to 4.5 …
The Bank of England is anticipated to keep interest rates unchanged for the third week in a row, as new data indicates potential fractures in the economy. To reduce inflation, …
Andrew Bailey, Governor of the Bank of England, stunned EU Rejoiners when he told a magazine that Brexit has provided chances for the UK. In an even more startling move, …
In two weeks, the Bank’s Monetary Policy Committee will vote on whether to raise the base rate, which is now at 5.25%. Economists are divided on whether another hike is …
The Bank of England just raised interest rates yet again, and after 14 consecutive increases, it appears that they will never be reduced. They just raised interest rates from 5% …
The Bank of England (BoE) forecasts that covering anticipated losses on its quantitative easing (QE) programme will cost the government £150 billion by 2033. The astonishing figure has risen from …
Martin Lewis is advising Britons to make the most of their money as interest rates rise further. According to the financial expert, savings account and Cash ISA rates have both …
London residents were today warned of a crash that may slash the value of their homes by 20% if mortgage rates remain high. Property analysts are growing increasingly concerned about …
The Bank of England has warned that almost one million homeowners’ fixed-rate mortgages will climb by about £500 per month by 2026. According to the Bank’s projections, higher interest rates …
The UK is gearing up to follow the footsteps of Norway and Sweden as an increasingly cashless society given the sparse usage of cash post-pandemic. London in particular has become …
Money experts have expressed their disappointment over the death of cash as a result of the pandemic, which has encouraged the use of contactless payment. Last year, 30.2 million cash …
The Bank of England has started consultations on implementing a Central Bank Digital Currency (CBDC), which could usher in the globalist vision of a cashless society where all transactions are …
Britain’s exit from the EU has added 6% to UK food prices, according to a Bank of England official, as inflation has reached a 41-year high. Dr Swati Dhingra also …
The Bank of England yesterday blamed our economic woes on an increase in early retirement, warning that more interest rate hikes may be required. The Bank has raised interest rates …
As the group’s daily protests continue, activists from Just Stop Oil have sprayed orange paint on the Home Office, MI5 headquarters, and the Bank of England. According to the group, …