UK loans interest rate kept at 0.5% by Bank of England
The Bank of England’s Monetary Policy Committee voted yesterday to hold interest rates at 0.5 per cent for the sixth month running. The MPC also voted to make no change to the pace at which it is pumping cash into the economy through its quantitative easing (QE) programme — retaining the size of the programme [...]
September 11, 2009
Tags: Bank of England, Interest Rates, MPC, Quantitative Easing, UK loans rates, uk recession Posted in: Uncategorized 
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Bank of England interest loans rates kept on hold
The Bank of England pegged interest rates today for a third month in a row and stayed its hand over any other changes in its recession fighting strategy as it paused for breath in its battle to combat Britain’s economic slump. The Bank opted to hold interest rates once more at their 315-year low of [...]
June 4, 2009
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Interest rates cut by how much?
Loans Calculators have sat through various BoE / MPC meeting/announcements when the Central Bank have surprised the market far more frequently on the hawkish side as it turns out but never has the market been so caught out by a UK decision. The minutes in 2-weeks time have become more important than ever with the [...]
November 7, 2008
Tags: Bank of England, consolidate debt loans, ECB, falling interest rates, Interest Rates, Loan calculator, MPC Posted in: Uncategorized No Comments
Anything is possible I suppose
But I am still of the opinion that the MPC will cut by 50bp today with a dovish set of minutes to follow and further cuts in the months to come. Having said that, there is still considerable column inches being devoted to arguments for larger cuts at today’s MPC meeting with the most extreme [...]
November 6, 2008
Tags: Bank of England, ECB, falling interest rates, Interest Rates, MPC Posted in: Uncategorized No Comments
Well that’s the easy bit done
As had been well anticipated, Senator McCain conceded the Presidential contest to Senator Obama early this morning. In the senate elections however, the Democrats have fallen short of the 60 seat filibuster-proof level that had been talked about in the run up to yesterday. Obama will now have 2 and bit months until he is [...]
November 5, 2008
Tags: falling interest rates, Interest Rates, Loan calculator, MPC Posted in: Uncategorized No Comments
Ex-MPC duo urge Bank to cut rates
Two of the most respected former Monetary Policy Committee members have urged the Bank of England to cut home loans borrowing costs tomorrow. Willem Buiter and Sushil Wadhwani have warned that unless the Bank reduces rates by at least a quarter percentage point it risks leaving the economy even weaker over the coming months. However, [...]
December 5, 2007
Tags: Bank of England, falling interest rates, MPC Posted in: Uncategorized No Comments
UK 4th Quarter GDP Revised Down
In the UK 2006 fourth-quarter Gross Domestic Product (GDP), the key gauge of economic growth, was revised down to 0.7% from 0.8%. Losses were limited however as the figure still contributed to an overall growth figure of 3% for the year as a whole and did little to dampen expectation that the next move by [...]
March 29, 2007
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