[ad_1] Thursday’s hike to one percent marked the fourth consecutive hike in a row by the Bank’s Monetary Policy Committee (MPC) however a big question now is whether this unbroken run will
[ad_1] Thursday’s hike to one percent marked the fourth consecutive hike in a row by the Bank’s Monetary Policy Committee (MPC) however a big question now is whether this unbroken run will
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[ad_1] Combined with rising costs of other essential bills such as energy he predicted rising interest rates would “crush the ability to spend” and could lead to a household debt crisis. Evidence
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[ad_1] However, when inflation is triggered by external forces, such as the global squeeze on energy prices, then this might not be the answer. Instead, the Government might choose to cut taxes
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[ad_1] Matthew Ryan, Senior Market Analyst at Ebury, said there was a “non-negligible chance of a 50 basis point increase”, though he also predicted a 0.25 percent increase would be more likely.
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[ad_1] The Bank’s policymakers are predicted to increase rates from 0.75 percent to one percent on Thursday – a level not seen since early 2009. If the base bank rate is passed
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[ad_1] “Recent data has given a measurably bleak outlook on both the growth and inflationary fronts, and this is only set to be amplified when April’s figures come out in a few
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[ad_1] Across the UK around 850,000 properties are on tracker mortgages, which directly follow the Bank of England base rate, while 1.1 million are on standard variable rates which follow a rate
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[ad_1] A year of financial hardship started in earnest last month when energy chiefs at Ofgem greenlit a price cap adjustment that added £630 to people’s bills. Over the next few months,
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[ad_1] Parks and green spaces provide around £25.6 billion of ‘welfare value’ annually to the health and wellbeing of adults in England and Wales each year, a study claims. Researchers at the
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[ad_1] Millions of people have been left without access to dental care after 2,000 dentists quit the NHS in England last year, a report has warned. The number of NHS dentists fell
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