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Tag "Bank of England"

Bank of England raises interest rates to 4.5%, says UK to avoid recession

    Bank of England raises interest rates to 4.5%, says UK to avoid recession

The Bank of England (BoE) has raised interest rates from 4.25 percent to 4.5 percent – its highest level since October 2008. This is the 12th time in a row

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Bank of England hikes interest rates to 4.25% — highest in 14 years

    Bank of England hikes interest rates to 4.25% — highest in 14 years

The Bank of England (BoE) has raised its interest rates from 4 percent to 4.25 percent in order to combat inflation. The rate is the highest recorded since October 2008.

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UK inflation dips slightly to 10.5% — second drop in two months

    UK inflation dips slightly to 10.5% — second drop in two months

The United Kingdom’s inflation rate dropped slightly to 10.5 percent in December 2022. This is the second time inflation would be declining in two months, despite forecasts of a recession

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Bank of England raises interest rate to 3%, forecasts ‘prolonged recession’ in UK

    Bank of England raises interest rate to 3%, forecasts ‘prolonged recession’ in UK

The Bank of England (BoE) has raised its interest rates from 2.25 percent to 3 percent – its highest rate hike since 1989. This is the eighth time in a

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UK inflation hits 10.1% on surging food prices — first double digits in 40 years

  UK inflation hits 10.1% on surging food prices — first double digits in 40 years

The inflation rate in the United Kingdom (UK), jumped in the last 12 months to 10.1 percent in July —

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Bank of England raises interest rates to 1.75%, predicts recession by year-end

  Bank of England raises interest rates to 1.75%, predicts recession by year-end

The Bank of England, on Thursday, raised its interest rates from 1.25 percent to 1.75 percent — the biggest hike

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Bank of England increases interest rate by 0.25%

  Bank of England increases interest rate by 0.25%

The Bank of England (BoE) has raised its interest rates as it struggles with rising inflation and economic growth. The

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Nigerian banks to stop accepting old £20, £50 notes Dec 31

  Nigerian banks to stop accepting old £20, £50 notes Dec 31

Nigerian banks have fixed December 31 as deadline for customers to deposit their £20 and £50 notes. According to circulars

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Bank of England to embark on first strike in 50 years

  Bank of England to embark on first strike in 50 years

Trade union members at the Bank of England, Britain’s central bank, will go ahead with the first strike action by

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