Andrew Bailey, governor of the Bank of England, has registered his opposition to Government plans to set asset allocation targets for pensions under its new Pension Schemes Bill.
The Band of England’s Monetary Policy Committee (MPC) has voted by a majority of 6 - 3 to hold its base rate today at 4.25% in a widely expected move.
The Bank of England’s Monetary Policy Committee (MPC) voted 5 – 2 – 2 to cut its base rate to 4.25%, in a widely expected move.
Over £280bn is sitting in UK bank accounts earning no interest, according to data released today by the Bank of England.
The Bank of England’s Monetary Policy Committee (MPC) has voted 7 – 2 to cut the base rate to 4.5% today, in a widely expected move.
British savers put over £20bn into cash savings in October, the highest deposits ever seen outside of the Coronavirus pandemic.
The Bank of England's Monetary Policy Committee (MPC) has voted 6-3 to keep the base rate at 4.75% in a widely expected move.
The Bank of England's Monetary Policy Committee (MPC) has voted 8-1 to hold the base rate at 5% in a widely expected decision.
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