Bank of England Holds 5¼ Interest Rate
The Bank of England has held interest rates at 5.25% for the seventh time in a row, despite official figures showing inflation falling to the Bank’s target of 2% for the first time in nearly three years. The Monetary Policy Committee (MPC) voted to maintain the current 16-year high in Continue Reading
Bank of England Holds 5¼ Interest Rate
The Bank of England has held interest rates at 5.25% for the seventh time in a row, despite official figures showing inflation falling to the Bank’s target of 2% for the first time in nearly three years. The Monetary Policy Committee (MPC) voted to maintain the current 16-year high in Continue Reading
King Charles III Banknotes Unveiled
The design of the new English banknotes, which will include an image of King Charles III, has been made public for the first time by the Bank of England. In 2024, it’s anticipated that the new bills will start to circulate. The present banknotes bearing the image of Charles’ late Continue Reading
