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Bank Base Rate remains 0.1% despite short-term inflationary pressures

The Bank of England’s Monetary Policy Committee (MPC) voted unanimously to keep the Bank Base Rate at 0.1% and by a majority of 8-1 to continue with its existing programme of UK government bond purchases (QE).
Global GDP growth and price pressure…

Bank Base rate remains 0.1% as pandemic slows global growth

The Bank of Englands Monetary Policy Committee (MPC) has voted unanimously to maintain Bank Rate at 0.1% and current levels of Quantitative Easing. This was due to the fall in inflationary pressures caused by global economic activity being more adverse…

Lockdown keeps inflationary pressure low – No change to Base Rate

The Bank of England’s Monetary Policy Committee has voted unanimously again to keep the Bank Base Rate at 0.1% with no change to the quantitative easing programme.
The inflation rate is not expected to return to the target of 2% until late spring and r…

Bank Base rate unmoved at 0.1%

The Monetary Policy Committee (MPC) voted unanimously to maintain Bank Rate at 0.1% and to make no changes to the quantitative easing program.
The effect of increased coronavirus cases and the third national lockdown is being offset in the medium term …

MPC voted unanimously to maintain Bank Base Rate at 0.1%

The Bank of England’s Monetary Policy Committee (MPC) voted unanimously to maintain the Bank Base Rate at 0.1% and to commence the previously announced programme of £150 billion Quantitative Easing.
The MPC’s projections assume that the pandemic …

QE increased by £150 billion and Bank Base Rate held at 0.1%

The Bank of England Monetary Policy Committee (MPC) has voted unanimously to maintain Bank Base Rate at 0.1% and to increase the stock of purchased UK government bonds by an additional £150 billion, financed by the issuance of central bank reserves (Qu…

BofE writes to CEOs to gauge readiness for zero or negative interest rates

There is no indication it is likely, or that the Bank of England will reduce the Base Rate to zero or a negative figure. However, a letter has been sent by Sam Woods on behalf of the Bank of England to selected firms’
The post BofE writes to CEOs…

Bank Base Rate remains at 0.1%

The Bank of England Monetary Policy Committee (MPC) voted unanimously to maintain the Bank Base Rate at 0.1% and for the quantitative easing stock to remain unchanged.
Economic outlook is particularly uncertain, but the bank’s central growth proj…

Bank Base Rate and stimulus put on hold for now

The Bank of England’s Monetary Policy Committee (MPC) voted unanimously to maintain the Bank Base Rate at 0.1% and to hold any quantitative easing measures at current levels.
Any decisions have been met with a wait and see strategy as the economy is sh…

Bank Base Rate and stimulus put on hold for now

The Bank of England’s Monetary Policy Committee (MPC) voted unanimously to maintain the Bank Base Rate at 0.1% and to hold any quantitative easing measures at current levels.
Any decisions have been met with a wait and see strategy as the economy is sh…

Bank Rate held at 0.1% with inflation and GDP forecasts slashed

The Bank of England Monetary Policy Committee (MPC) voted unanimously yesterday to hold the Bank Base Rate at 0.1% . They also voted 7-2 for the Bank of England to continue with the programme of £200 billion quantitative easing.
CPI inflation fell belo…

Covid-19 text message scams crackdown funded by Banking Industry

A specialist police unit funded by the banking industry has executed several warrants across the country in a crackdown on criminals sending scam text messages and emails exploiting the coronavirus outbreak.
The Dedicated Card and Payment Crime Unit (D…

Bank Base Rate Slashed To 0.25%

The Bank of England have decided to support today’s Budget, and the markets before they open, cutting Bank Base Rate by 0.5% from 0.75% to the previous post Credit Crisis low of 0.25%.
This is obviously helpful news for landlords who are on varia…

Building Beautiful

Housing Secretary, Robert Jenrick, indicated well-designed, high quality homes and tree-lined streets should be the ‘norm – not the exception’, following the launch of the Building Better Building Beautiful Commission’s final report.
Living with beauty…

Landlord Law Training Bundles – Black Friday Deals

Landlord Law are offering special online training discounts before Midnight on 29 November 2019 with savings up to 50% off the full price.
Click Here to see the offers available and download the courses
I have been taking Tessa Shepperson’s thoro…

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01603 741900
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