Bank of England Interest Rate Outlook: What UK Households Need to Know
Written by James Skinner
The Bank of England (BoE) Bank Rate remains at a historic low but the outlook for it has changed and there is now every chance it could begin to rise toward more typical levels in the near future, although the reasons for why and likely timing of any such change are widely misunderstood as well as sometimes misreported.
Strong Jobs Report Keep Alive Rate Hike Expectations
Written by Gary Howes
The latest UK labour market data suggest the UK is all but likely to avoid a major increase in unemployment following the ending of the government's furlough scheme in September, paving the way for a Bank of England interest rate hike.