Category : Banking


BoE Holds Rates at 3.75% in Narrow 5-4 Vote

The Bank of England maintains interest rates at 3.75%, but a surprisingly close 5-4 MPC vote indicates inflation risks have eased, paving the way for potential cuts later this year.

Bank of England Holds Rates at 3.75%

The Bank of England's Monetary Policy Committee has voted to maintain interest rates at 3.75%, following six consecutive cuts since mid-2024. This decision comes as inflation remains stubbornly above the 2% target.

ME Bank's 'Pleased' Rate Hike Email Sparks Fury

ME Bank faces backlash after sending customers a cheerful email announcing variable home loan rate increases, prompting an apology five hours later as political debate over inflation intensifies.

GSK Shares Hit £20 After Strong 2025 Financial Performance

GSK's share price has jumped from £14 to over £20, driven by robust 2025 financial results. New CEO Luke Miels expresses confidence in hitting £40bn revenue by 2031, signalling a potential revival for the pharmaceutical giant after years of underperforman

Bank of England Set to Hold Interest Rates at 3.75%

The Bank of England's Monetary Policy Committee is widely anticipated to maintain interest rates at 3.75% this Thursday as policymakers navigate between controlling inflation and supporting economic growth.

HMRC Urgent Advice for Missed Tax Deadline

HM Revenue and Customs has issued urgent guidance for approximately one million taxpayers who missed the 31 January Self Assessment deadline, facing £100 penalties and potential additional charges.

RBA Rate Rise Driven by Speculator Pressure

The Reserve Bank of Australia's decision to raise interest rates appears influenced more by market speculation and unemployment figures than concrete inflation data, raising questions about policy priorities.

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