MPC decision throws open rate question
A second member of the Bank of England's Monetary Policy Committee (MPC) has backed a rate rise, minutes of the January meeting have revealed.
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GDP shock ‘to stop base rate rise’
News that the economy contracted in the fourth quarter of 2010 will prevent a base rate rise, experts have said.
The revelation that gross domestic…
MPC hawk turns up heat on inflation
A member of the Bank of England's Monetary Policy Committee (MPC) has said the base rate should rise from 0.5 per cent.
The MPC has kept the lo…
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Families ‘must seek to become debt free’
The threat of higher interest payments in the future is a major reason for families to start trying to pay down their debts now, it has been claimed.
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Rate hike ‘will not occur until inflation hits 4%’
A Consumers Prices Index (CPI) rate of inflation of four per cent or higher would be required to prompt the Bank of England to hike the base rate, a f…
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Women ‘more likely to seek help for debt problems’
New research has suggested women are much more likely than men to seek help when it comes to debt.
Debt counselling charity Christians Against Pove…
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Paying off debt ‘should be number one priority’
The first priority for anyone with a disposable income and the chance to use it to improve their financial circumstances should be paying off debt, an…
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Jobless rise may cause repossession problems
The number of repossession cases in the UK could rise as the jobless total increases.
A second successive quarterly rise in the number of…
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