Banking
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...
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&...
Cable slams offensive bank b...
The big UK banks need an overhaul to put a stop to the excesses of the current bonus culture,according to Business Secretary Vince Cable. Last week the government sealed a deal with the largest Britis...