Monetary Policy Committee Announcement and Minutes At its meeting ending on 1 August 2018, the MPC voted unanimously to increase Bank Rate by 0.25 percentage points, to 0.75%. The Committee voted unanimously to maintain the stock of sterling non-financial...
Read moreThe Bank of England has admitted that current forecasts show its base rate could remain under 2% for the next 30 years. Earlier this month Bank of England chief, Mark Carney, raised expectation of a base rate increase in August, but it is now suggested it could remain...
Read moreBank of England governor Mark Carney has raised expectations of an interest rate rise next month, after talking up the UK’s economic performance. Data points to a pick-up in growth in the second quarter of the year, after a disappointing start to 2018, according to...
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