Tag Archives: BANK OF ENGLAND

King Charles III has been spotted waving to royal fans as he left Clarence House in London today.  The monarch was pictured greeting well-wishers outside the royal residence as he was driven out in his state Bentley limousine. It is not known where His Majesty, who wore a grey suit and blue …

Brokers said homeowners coming to the end of fixed-rate deals over the last 18 months have increasingly turned to short-term fixed-rate loans on the expectation that interest rates would soon be falling again. David Hollingworth, of L&C Mortgages, said the proportion of homeowners locking in rates for only two years …

The Bank of England (BoE) has raised interest rates by 25 basis points to 5.25 percent, the 14th consecutive rise since December 2021. The BoE’s announcement Thursday, spelling financial disaster for millions, is a class war measure. It takes interest rates to their highest level in 15 years and deepens …

Royal Mail rushed forward the monthly payment into its pension scheme to help prevent a cash crunch, The Telegraph can reveal, after the mini-Budget sent crucial money markets into a tailspin. The company responded to a request from the trustees of the Royal Mail Pension Plan to provide emergency liquidity, …

T he introduction of new banknotes and stamps featuring the King’s image will be implemented in a way to reduce the “environmental and financial impact” of the changes. The Royal Mail and Bank of England said they have received guidance from Charles’ royal household aimed at minimising cost and ensuring …

Charles WON’T drop his pet projects when he’s crowned King: Prince of Wales ‘will resist calls to abandon his charitable causes and is set to throw open Royal palaces’ during his reign Prince Charles is set to refuse to stop campaigning for the causes he likes He summed up his …

By consensus inflation will come in at above 3%, but how much higher? The Bank expects it will rise above 5% in the next few months; some investors think the Bank is behind the curve and that its decision to hold rates last week was a mistake. Mining shares, seen …

Andy Haldane caused quite a stir this month when he suggested the economy was like a coiled spring waiting to go off. As the Bank of England’s chief economist has discovered, it’s harder to be a Tigger than an Eeyore. Predictions of impending disaster tend to be forgotten even when …

Princess Eugenie is set to give newborn son middle name Stamp in honour of 19th century Governor of the Bank of England Princess Eugenie gave birth to baby boy on Tuesday at Portland Hospital The 30-year-old is yet to announce the name of the lad, 11th in line to the …

UK bolsters economic support as England goes into lockdown … with the likes of British Airways, Royal Mail and Rolls-Royce all laying off thousands. Source link