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Sentance pushes for rate ris...
Andrew Sentance – a key member of the Bank of England’s Monetary Policy Committee – hascriticized the Bank’s own economic forecasts and argued that interest rates need to rise...
Warning Signs Of Falling UK...
UK consumers were today warned to expect falling real incomes for this year and beyond after inflation was forecast to keep on rising. The Bank of England today predicted that inflation will rise towa...
Increase in inflation hits B...
Do you rely on your savings for income? Those Brits who need their savings to supplement their income are being hit hard by rising inflation. That’s the view of financial data company Mone...
Stop fretting over interest...
Bank of England governor Mervyn King has calmed expectations of an early interest rate rise.Presenting the bank’s inflation report, he has said “some people are running ahead ofthemselves&...