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Bank of England

Bank of England

Bank of England freezes interest rates at 5%

Update: Thu, 10/07/2008 - 11:02
The Bank of England has voted to freeze interest rates at 5% for the third month in a row. Read more

Is Britain on the brink of recession?

Update: Tue, 08/07/2008 - 12:09
The UK is hovering on the brink of recession as the credit crunch hits businesses across the country, a new report warns. Read more

Are interest rate rises on the horizon?

Update: Fri, 20/06/2008 - 13:54
An interest rate rise was narrowly avoided last month, the minutes from June’s base rate vote reveal. But are rates likely to rise in the future? Read more
Vegetables

Inflation could hit 4% this year

Update: Thu, 19/06/2008 - 09:10
Higher fresh vegetable prices have been blamed for inflation hitting 3.3% in May, and the Bank of England warns there could be worse to come. Read more

What do you expect to happen to interest rates throughout the remainder of 2008?

Update: Thu, 14/08/2008 - 14:55
Interest rates will remain frozen at 5% until 2009
11% (3 votes)
Rising inflation means interest rates will have to increase at least once before the year is through
67% (18 votes)
Interest rates will be cut to ease pressure on the slowing economy and housing market
0% (0 votes)
There will be at least one interest rate increase and at least one rate cut
22% (6 votes)
Total votes: 27
Bear Market

Interest rates may not be cut until 2009

Update: Tue, 17/06/2008 - 09:26
Interest rates may not be cut until 2009 as the UK’s economy faces its toughest year since 1992, a new report has warned. Read more
empty purse

Households feel the pinch as personal inflation soars

Thu, 12/06/2008 - 10:01
Households in the UK are now coping with an average personal inflation of nearly 5% as rising prices continue to bite, according to the Bank of England. Read more
Bank of England

Financial crisis not over, warns Bank of England

By Liam Tarry    Update: Tue, 10/06/2008 - 15:56
The Bank of England is looking at ways to help cash-stricken banks borrow money and has issued a warning that the crisis is not yet over. Read more

Interest rates to remain at 5% for June

Update: Thu, 05/06/2008 - 14:17
The Bank of England has voted to freeze interest rates at 5% for June. Read more

Hopes for rate cuts dashed as inflation soars

Update: Tue, 17/06/2008 - 12:07
The Bank of England has hinted that it will not cut interest rates again this year as the risk of rising inflation continues to dog efforts to bolster the slowing economy. Read more
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