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Bank of England

Mortgages

BoE freezes rates at 0.5%

The Bank of England has kept interest rates at 0.5% today after six months of consecutive cuts.

clock 09 April 2009 •

Mortgages

MPC unanimous on base rate cut

The Bank of England's Monetary Policy Committee (MPC) voted unanimously both to cut Bank base rate by 50 basis points in March and to support the bank's asset purchase scheme.

clock 18 March 2009 •

Your profession

First round of quantitative easing underway

The Bank of England has begun a £2bn auction to buy gilts from investment institutions.

clock 11 March 2009 •

Your profession

ABI praises Tory review suggesting FSA abolishment

The Association of British Insurers (ABI) says a Conservative Party review which examines the possibility of abolishing the FSA "deserves serious consideration".

clock 09 March 2009 •

Your profession

Base rate 0.5%; Bank unveils £75bn quantitative easing plan

The Bank of England has cut interest rates for the sixth consecutive month today, reaching a new record low of just 0.5%.

clock 05 March 2009 •

Protection

Rising from the ashes?

As the housing market continues to struggle and the Bank of England Base Rate remains historically low, Matthew Wyles asks how long it will take for the economy to recuperate following these testing times.

clock 02 March 2009 •

uncategorised

Gordon Brown hints at fresh tax cuts in the Budget - papers

A fresh stimulus to the economy through tax cuts or spending on public works projects could come in the April Budget, a government document released by Gordon Brown hinted yesterday, according to The Times .

clock 19 February 2009 •

Your profession

Interest rates hit new low of 1%

The Bank of England has cut interest rates again today, down to a new record low of 1%.

clock 05 February 2009 •

Mortgages

BoE minutes reveal call for 1% cut

The minutes from this month's meeting of the Monetary Policy Committee has revealed eight of the nine members voted in favour of a cut of 50 basis points in Bank base rate (BBR).

clock 21 January 2009 •

Investment

Savings rates hit record lows

Savings rates have hit a five-year low as the Bank of England's base rate approached a record trough last month, figures show.

clock 12 January 2009 •
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