334 results for "Bank"

The most influential banks globally are expressing scepticism about the Bank of England's macroeconomic assessment. A concerning proportion believes that the Monetary Policy Committee has misinterpreted global developments and is...

In a digital age where cryptocurrencies continue to stir debate, the reception to a recent European Central Bank (ECB) blog post critiquing Bitcoin has been notably contentious. As of today,...

In a cautionary note, Swati Dhningra, a policymaker at the Bank of England, has expressed concerns about the potential consequences of delaying interest rate cuts until inflation further subsides. Dhingra...

The Bank of England's official announcement solidifies the introduction of banknotes adorned with the likeness of King Charles III, slated for release on June 5th. In a directive aimed at...

Indicating a positive turn in its economic trajectory, Britain exhibits signs of recovery following a mild recession, as affirmed by the Bank of England governor. The anticipation of a forthcoming...

The Bank of England faces the peril of exacerbating the UK's recession unless it promptly reduces interest rates to alleviate the strain on households grappling with the relentless cost of...

The situation facing Bank of England rate setters became more complex today as official data revealed that wages had increased more than expected by the end of 2023. This unexpected...

Addressing inflation requires sacrifices from UK workers, including accepting reduced income deals, and necessitates organizations to regulate their profits. This cautionary stance is emphasized by a Bank of England official,...

Economists, including those at the National Institute of Economic and Social Research (NIESR), warn that the Bank of England's reluctance to share its plans for interest rate cuts may lead...

Central banks must ensure they have fully addressed inflation concerns before considering interest rate cuts this year, according to the Organization for Economic Co-operation and Development (OECD). Despite revising its...

A cross-party coalition of Members of Parliament is urging ministers to promptly allocate £4 billion to bolster English town hall budgets. This call for action aims to avert an imminent...

Analysts are increasingly noting the Bank of England's likely recognition of the unexpected progress in curbing inflation. However, the central bank remains hesitant about initiating interest rate cuts. The Bank...

On Thursday, the European Central Bank decided to maintain its current interest rates, emphasizing a commitment to keeping them elevated for an extended period. The central bank's primary objective is...

In a surprising move, Pan Gongsheng, the Governor of the People's Bank of China, announced that the country is planning to reduce the reserve requirement bank ratio in early February...

Just as the weather is getting colder in the UK, the Department for Work and Pensions (DWP) has restarted its Cold Weather Payment program to offer assistance to households at…

New funding of £421 million means that households in hardship can get up to £500 of much-needed support for energy, food, and necessities.

Significant changes are on the horizon for mortgage rates, as Barclays prepares to implement increases across various fixed-rate deals.

The UK's largest building society has announced that, in collaboration with Santander, its customers will receive an early Christmas present in the form of free payments.

UK employers are concerned that higher national insurance could make it harder to hire and raise wages, affecting pubs and restaurants.

The DWP is reaching out to individuals over 66 who may qualify for Pension Credit, aiming to boost their financial support and benefits.

This autumn, you can find ways to stay warm and save on energy costs with economical heating solutions that are perfect for remote workers.

Millions of pensioners must verify their eligibility for the £300 Winter Fuel Payment, as new limits have been implemented.

The UK economy grew by 0.2% in August; however, concerns remain as the budget approaches on October 30.

Starting in early November, residents of Birmingham who are experiencing financial difficulties can apply for a £200 assistance payment.

State pensioners are being warned by HMRC that they could be hit with a £665 tax bill, which includes those who have lost Winter Fuel Payments.  

Nationwide, the world's largest building society, has informed its banking customers they could be eligible for a £75 gift.

Mortgage rates under 4% are returning as competition heats up, offering better opportunities for first-time buyers amid Bank of England's rate hold.

The pound dropped sharply after the Bank of England's governor signalled the possibility of more aggressive interest rate cuts if inflation continues to cool, amidst concerns over the Middle East…

People who qualify for the Winter Fuel Payments will begin receiving the money in their bank accounts starting November.

Martin Lewis and his Money Saving Expert team confirmed that Nationwide has completed its takeover of Virgin Money, with potential changes coming in the future.

State pensioners born in these specific years will notice their Winter Fuel Payment increase by £100 if they qualify for the payment.

UK households could receive up to £3,225 in Cost of Living payments by Christmas, with various schemes offering vital support.

UK households will experience a set of changes in October 2024, which will impact various financial rules and support payments.

The DWP is informing people about available support to cope with rising living costs as many families face higher bills for essentials like heating, food, and mortgages.

Drivers are set to benefit as Saudi Arabia plans to increase oil production, causing Brent Crude prices to drop. This move has already led to lower fuel prices at the…

Money Saving Expert founder Martin Lewis has shared a simple method to get £175 in free cash just in time for the holiday season.

State pensioners living in certain areas in the UK can benefit from the Winter Heating Payment, a lesser-known scheme aimed at helping with heating costs during the colder months.

First-time buyers and those with smaller deposits are beginning to feel the effects of recent mortgage rate reductions as competition among lenders intensifies. Major players such as Nationwide and Clydesdale...

The European Central Bank (ECB) has implemented its second interest rate cut of the year, reducing its main rate to 3.5% from 3.75%. This decision follows a widely expected 25...

In the aftermath of a recent interest rate cut by the Bank of England (BOE), more mortgage offers with interest rates under 4% are becoming commonplace, which can be nothing...

Households have only a limited time to claim free payments from the Household Support Fund (HSF), which is offering more than £57 million in unclaimed support. This allocation of funds,...

The FTSE 100 danced tantalizingly close to its all-time record on Friday, soaring above the 8,400 mark before losing momentum and closing the day slightly in the red. The London...

The Bank of England has reported a significant increase in mortgage approvals for home buyers, reaching the highest level since the mini-budget delivered under former Prime Minister Liz Truss. In...

A continuing cost-of-living crisis has gripped the people of the UK, ringing in difficulties in day to day life expenses for millions of families. Whether it's shopping or even making...

If you are a bank account holder, it is possible that you are missing out on some serious savings. Finance guru Martin Lewis and his Money Saving Expert team are...

HMRC is urging millions of UK households to claim a handout valued at £2,380 before the looming Saturday deadline. HMRC Urges Parents to Apply for Tax-Free Childcare by Saturday to...

Drivers and road users have been warned not to be on the roads this week as Britain braces for chaos. Experts have urged motorists, drivers and road users across the...

Towards the start of this summer, the Scottish Government announced that almost 89,000 one-off Carer’s Allowance recipients received £288.60 each. This was a total of 25.6 million pounds in June...

Millions of people receiving benefits have been informed about upcoming changes in August. Because of the bank holiday, payments including Universal Credit, PIP, and Pension Credit will be made earlier...

There’s been a persisting inflation over the last couple of years such that many people in the UK are struggling with payments, afford basic requirements and have a roof over...