UK Interest Rates

What Kind of Growth Do You Want?

Phil Shanks | Posted 21.10.2014 | UK Politics
Phil Shanks

All the indicators suggest to me that the growth that we have is almost entirely due to the velocity of cash within the economy. The more times a pound is spent and re spent the greater the flow and this has an upward effect on growth.

Carney Won't Make Things Harder For Mortgage Holders...Yet

The Huffington Post UK | Asa Bennett | Posted 07.08.2014 | UK

The Bank of England has kept interest rates at their 0.5% low despite mounting speculation that some Bank rate-setters would be pushing for a hike giv...

You Need To Know How This Bank Governor Could Ruin Your Day

The Huffington Post/PA | Posted 24.07.2014 | UK Politics

Britons need to wake up to how much more financial pressure they could be put under when the Bank of England raises interest rates from the UK's histo...

Carney Says UK Economy Must Perform Like A Marathon Runner

The Huffington Post UK | Asa Bennett | Posted 23.07.2014 | UK Politics

Mark Carney has declared that Britain needs the "hard work, dedication and perseverance" of an athlete to win the global "economic marathon". Speak...

Did Osborne Really Save The Economy? Bank Of England Doesn't Think So..

The Huffington Post UK | Asa Bennett | Posted 23.07.2014 | UK Politics

The Bank of England's prudent decisions after the financial crash helped ensure the UK's economic recovery took hold, a senior Bank economist has said...

UK House Prices Will Rise Even Faster Than You Thought

The Huffington Post/PA | Posted 21.07.2014 | UK

UK house prices could rise by as much as 9.1% this year as Britain's economic recovery takes hold, new research has indicated. Property website Rig...

Carney Deputy Warns Housing Market Is 'Biggest Risk' To UK Economy

The Huffington Post UK | Asa Bennett | Posted 03.07.2014 | UK Politics

The housing market remains the "biggest risk' to Britain's economy, Bank of England deputy governor Sir Jon Cunliffe has warned. Cunliffe, who over...

London House Prices Soar At Fastest Rate In 27 Years

The Huffington Post/PA | Posted 02.07.2014 | UK

House prices in London have soared at their fastest rate in 27 years, smashing through the £400,000 average property mark for the first time, Nationw...

Carney May Not Ruin Christmas For Mortgage Holders After All

The Huffington Post UK | Asa Bennett | Posted 24.06.2014 | UK Politics

Mark Carney has poured cold water on his previous suggestion that the Bank of England could start raising interest rates by the end of the year. Th...

Got A Mortgage? These People Could Really Ruin Your Christmas

The Huffington Post UK | Asa Bennett | Posted 23.06.2014 | UK Politics

The Bank of England needs to raise interest rates in the upcoming months as Britain's economic recovery has taken hold, one of its top policymakers ha...

Got A Mortgage? You Could Be In For A Rough Christmas

The Huffington Post UK | Asa Bennett | Posted 19.06.2014 | UK

UK interest rates should be raised sooner rather than later, the Bank of England's new chief economist has said, so that rate-setters remain "on the f...

Is the Bank of England Just Making It Up as It Goes?

Asa Bennett | Posted 18.08.2014 | UK Politics
Asa Bennett

The Bank of England is getting a knack for sharp screeching U-turns, not ideal when governor Mark Carney's beloved "forward guidance" plan over the path of interest rates is meant to be clear and credible... Yet now it seems they're just making things up as they go.

'The Time For Interest Rates To Rise In UK Is Approaching'

The Huffington Post UK | Asa Bennett | Posted 10.06.2014 | UK Politics

Britain's economy can "grow a little further" before interest rates need to rise, a member of the Bank of England's Monetary Policy Committee has sugg...

Carney Urged To Raise Interest Rates By End Of The Year

The Huffington Post/PA | Posted 29.05.2014 | UK

Interest rates must start to rise "sooner" if policy-makers want to stick to plans to hike them only at a gradual pace, a key Bank of England official...

Osborne Puts Another Woman On BoE Interest Rate Setting Committee

The Huffington Post UK | Asa Bennett | Posted 15.05.2014 | UK Politics

George Osborne has welcomed American economist Kristin Forbes as a new member of the Bank of England's Monetary Policy Committee (MPC), the second wom...

11 Reasons The Bank Of England May Be Ignoring A Housing Bubble

The Huffington Post UK | Asa Bennett | Posted 15.05.2014 | UK Politics

Britain is not seeing another house market bubble, according to Bank of England policymaker Ben Broadbent. Broadbent, who is soon to be deputy gove...

No Interest Rate Rise Until Next Spring, Says Carney

The Huffington Post UK | Asa Bennett | Posted 14.05.2014 | UK Politics

Bank of England policymakers have stuck to their plan to only start raising interest rates next spring despite pressure to act due to the rising housi...

'You're A Mug To Save'

The Huffington Post/PA | Posted 05.03.2014 | UK

The Bank of England's five-year policy of rock bottom interest rates has sent out the message that "you're a mug to save", experts have said. But w...

Asa Bennett

Will Bank Of England's New Interest Rate Policy Help British Businesses?

HuffingtonPost.com | Asa Bennett | Posted 18.06.2014 | UK Politics

Mark Carney's big change to his forward guidance policy on interest rates was to dump the 7% unemployment rate as a marker at which policymakers would...

Carney Junks His Flagship Bank Interest Rate Policy

The Huffington Post UK | Asa Bennett | Posted 12.02.2014 | UK Politics

Mark Carney has radically overhauled the Bank of England's flagship forward guidance policy, dropping the 7% unemployment threshold as a target at whi...

BoE To Make Big Interest Rates Policy Shift

The Huffington Post/PA | Posted 13.08.2014 | UK Politics

Mark Carney is set to overhaul his flagship forward guidance policy on interest rates tomorrow after just six months as Britain's unemployment rate fe...

Asa Bennett

Osborne 'Not Worried' About High Interest Rates, Despite Warning They'd Be A DISASTER

HuffingtonPost.com | Asa Bennett | Posted 23.01.2014 | UK Politics

After years hitching his economic credibility on low interest rates, George Osborne is executing an outright U-turn as he prepares to chalk them up as...

Carney Defies Pressure And Stays The Course

The Huffington Post UK | Asa Bennett | Posted 25.01.2014 | UK

The Bank of England has kept interest rates at their historic low of 0.5%, making it nearly five years since they last changed the base rate. The l...

Could Interest Rates Rise Before 2016?

The Huffington Post UK | Asa Bennett | Posted 13.11.2013 | UK Politics

Mark Carney has suggested that the Bank of England could consider increasing interest rates sooner than expected due to the falling unemployment rate,...