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Bank of England

George Osborne

Tories pledge council tax freeze

Update: Mon, 29/09/2008 - 13:13

The Conservative Party says it will introduce a freeze on council tax increases for two-years if it is elected to power at the next general election. Read more

Recession

Economic woe as bad as the 1970s

Tue, 26/08/2008 - 08:48

Britain is in the grip of the worst economic slowdown for almost 40 years, according to one of the top economists at the Bank of England. Read more

Bank of England

Bank of England freezes interest rates at 5%

Update: Thu, 10/07/2008 - 11:02

The Bank of England has voted to freeze interest rates at 5% for the third month in a row. Read more

Is Britain on the brink of recession?

Update: Tue, 08/07/2008 - 12:09

The UK is hovering on the brink of recession as the credit crunch hits businesses across the country, a new report warns. Read more

Are interest rate rises on the horizon?

Update: Fri, 20/06/2008 - 13:54

An interest rate rise was narrowly avoided last month, the minutes from June’s base rate vote reveal. But are rates likely to rise in the future? Read more

Vegetables

Inflation could hit 4% this year

Update: Thu, 19/06/2008 - 09:10

Higher fresh vegetable prices have been blamed for inflation hitting 3.3% in May, and the Bank of England warns there could be worse to come. Read more

What do you expect to happen to interest rates throughout the remainder of 2008?

Update: Thu, 14/08/2008 - 14:55

Interest rates will remain frozen at 5% until 2009

11% (3 votes)

Rising inflation means interest rates will have to increase at least once before the year is through

67% (18 votes)

Interest rates will be cut to ease pressure on the slowing economy and housing market

0% (0 votes)

There will be at least one interest rate increase and at least one rate cut

22% (6 votes)

Total votes: 27

Bear Market

Interest rates may not be cut until 2009

Update: Tue, 17/06/2008 - 09:26

Interest rates may not be cut until 2009 as the UK’s economy faces its toughest year since 1992, a new report has warned. Read more

empty purse

Households feel the pinch as personal inflation soars

Thu, 12/06/2008 - 10:01

Households in the UK are now coping with an average personal inflation of nearly 5% as rising prices continue to bite, according to the Bank of England. Read more

Bank of England

Financial crisis not over, warns Bank of England

By Liam Tarry Update: Tue, 10/06/2008 - 15:56

The Bank of England is looking at ways to help cash-stricken banks borrow money and has issued a warning that the crisis is not yet over. Read more

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