Interest rates held

15th June 2017 0

The Bank of England has voted to leave interest rates at 0.25% despite the Fed in the US raising rates yesterday. It has also maintained government bond purchases at £435bn and corporate bond purchases at […]


ASTL clamps down on back charging interest

24th January 2017 0

The Association of Short Term Lenders has prohibited its lenders from charging higher rates of interest from the start of the loan if the borrower goes into default. The ASTL has amended its code of […]


Further interest rate cut could be coming

9th August 2016 0

One of the Bank of England’s top policymakers has predicted that a further interest rate cut could be coming and that more quantitative easing is likely to be required to ensure that economic uncertainty does not grip the […]


MPC expected to cut interest rates in August

28th June 2016 0

The Monetary Policy Committee will cut interest rates in August to protect the UK economy from sliding into a recession according to Bank of America Merrill Lynch (BAML) and Goldman Sachs. BAML predicted interest rates […]


A move away from negative interest rates

15th April 2016 1

Tony Ward is chief executive of Clayton Euro Risk I was interested to see in the press this week comments by Hyan-Song Shin, head of research at the Bank for International Settlements (BIS), suggesting that […]