KPMG says Governor Andrew Bailey and the Bank of England must cut interest rates quickly or the economy will suffer.
Read MoreBank of England ‘set to hold’ interest rate today
Most experts believe Andrew Bailey and the Bank of England's Monetary Policy Committee will keep the base interest rate at 5.25% when a decision is announced today.
Read MoreBank of England boss casts doubt on future interest rates
Andrew Bailey hinted to MPs this week that the Bank is through with lifting interest rates and stressed inflation was on course for a ‘marked’ decline.
Read MoreWARNING: Interest rates to stay higher for longer with recession forecast – claim
Schroders is forecasting recession and says that the surprise 0.5% hike in Base Rate suggests the Bank of England is far from getting on top of inflation.
Read MoreBLOG: Carry On Banking… starring the Bank of England Governor!
Glentree Estates boss Trevor Abrahmsohn ponders the state of play at the Bank of England – more like a script for Carry on Banking than a serious institution?
Read MoreREACTION: Bank of England hikes base rate to whopping 3%
Governors of the Bank of England today voted to raise interest rates by 0.75% from 2.25% to 3% – the highest one day rise in 30 years.
Read MoreBREAKING: Property developers banned from issuing ‘mini bonds’ to raise cash
Shock announcement by Financial Conduct Authority today follows complaints over opaque and complex nature of mini bonds.
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