Displaying items by tag: Bank of England
Bank of England base rate up 50bps to 4%
The Bank of England has increased its base rate by 50 basis points from 3.5% to 4% - its highest rate since October 2008.
Bank base rate up 50bps to 3.5%
The Bank of England today increased its base rate by 50 basis points from 3% to 3.5% in a move widely expected by experts.
Base rate up by 75 basis points to 3%
The Bank of England today increased its base rate by 75 basis points from 2.25% to 3%, one of the biggest increases seen for 30 years.
Annuity rates reach highest level in 8 years
Annuity rates have hit their highest point in eight years, with a further surge in annuity income expected if the Bank of England raises interest rates today, according to a new report.
FCA and other regulators to update complaints scheme
The FCA, PRA and Bank of England are consulting on an updated Complaints Scheme to make it simpler and more "user friendly."
Bank of England slashes base rate to 0.1%
The Bank of England’s Monetary Policy Committee has cut the bank base rate from 0.25% to 0.1%, an unprecedented low.
FCA's Bailey to be new Governor of Bank of England
Andrew Bailey has been confirmed today as the new Governor of the Bank of England after three years as chief executive of the Financial Conduct Authority.