Category : Search result: Bank Rate


Bank of England holds interest rates at 5.25%

The Bank of England maintains interest rates at 5.25% for the sixth consecutive meeting as inflation concerns persist. Governor Andrew Bailey signals cautious optimism amid economic uncertainty.

RBA holds rates at 12-year high amid cost crisis

The Reserve Bank of Australia maintains its tough stance against inflation, keeping interest rates at 4.35% while households face mounting financial pressure from rising expenses across housing, utilities and essentials.

Pound crashes to 5-week low after Labour budget

Sterling tumbles to five-week low against US dollar as Chancellor Rachel Reeves's first budget announcement triggers market concerns over UK economic stability and potential tax increases.

RBA holds interest rates at 4.35% for fifth meeting

The Reserve Bank of Australia maintains current interest rates at 4.35% for the fifth consecutive meeting as inflation battle continues. Governor Michele Bullock signals cautious approach despite economic pressures.

Fourth US Bank Collapses as First Republic Fails

First Republic Bank becomes latest casualty in American banking turmoil, with JPMorgan acquiring assets in dramatic federal intervention following SVB, Signature and Silvergate failures.

2025 UK Bank Holidays: Six Key Dates Revealed

Discover how the shifting bank holiday dates in 2025 will create unique three-day weekends and impact your planning across England, Wales, Scotland, and Northern Ireland.

Bank of England gold at risk in security strike

Exclusive: The Bank of England faces an unprecedented security crisis as guards protecting Britain's £200 billion gold reserves prepare to walk out over pay disputes, raising alarm about the safety of the nation's wealth.

RBA holds rates steady, no cuts in sight

The Reserve Bank of Australia has dashed hopes for imminent rate cuts, maintaining current settings amid persistent inflation pressures and economic uncertainty.

Russia's population crisis deepens with 2M loss

New statistics reveal Russia's population has dropped by over 2 million since 2021, with deaths significantly outnumbering births as Putin's war and economic pressures create a perfect demographic storm.

NatWest Announces Major Banking Overhaul

NatWest Group reveals strategic transformation plan affecting Ulster Bank operations, customer services, and regional banking infrastructure across the UK and Ireland.

UK Inflation Plummets to 2% Target

In a dramatic economic turnaround, UK inflation has hit the Bank of England's 2% target for the first time in nearly three years, sparking speculation about imminent interest rate cuts and relief for households.

Australian Banks Slash Thousands of ATMs Amid Cash Decline

Westpac, Commonwealth Bank and ANZ are dramatically reducing their ATM networks across Australia as cash transactions plummet, leaving regional communities and vulnerable customers concerned about access to essential banking services.

I watched a woman steal £1,500 from my bank account

Shocking footage reveals how brazen thieves are using sophisticated distraction techniques to empty victims' bank accounts in seconds. One woman lost her entire savings during a routine shopping trip.

UK Wage Growth Slows Sharply as Job Market Cools

UK wage growth has hit its slowest pace in over two years while unemployment rises, signalling a cooling labour market. Meanwhile, Argentina secures IMF bailout and stock markets show mixed performance.

Lloyds Group Shutters 53 More Bank Branches

Major banking group announces fresh wave of branch closures across England, Scotland and Wales as customers shift to digital banking, leaving communities concerned about access to cash.

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