Tag Archives: Bank of England

Business

Bank of England warns it could step in to curb rising inflation

The prospect of early Bank of England action to counter rising inflation has moved closer after a second Threadneedle Street policymaker within 24 hours made the case for a tougher stance. Michael Saunders, one of eight members of the Bank’s monetary policy...

Business

Bank of England keeps interest rates on hold at 0.1%

The Bank of England has kept interest rates at the lowest levels on record after warning that rapid growth in coronavirus infections will deliver a bigger hit to the UK economy than expected in the final months of 2020. Threadneedle Street’s monetary...