Company
Bank of England
PRIVATE:BOE
The Bank of England is the UK's central bank. Our mission is to deliver monetary and financial stability for the British people. The Bank was established in 1694 to act as banker to the Government. We are still owned by the Government, but we set monetary policy independently.
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FTSE 100 finishes softly after stubborn UK inflation figures
At the close, the FTSE 100 had recovered some of its earlier losses but still finished slightly below opening levels at 7,559 points
Mortgage and supermarket help ruled out by government
Jeremy Hunt ruled out the possibility of government aid with mortgages in the House of Commons on Tuesday
Mortgage help ruled out by PM as rates head towards 6%
Interest rates on new mortgages rose towards 6% last week
Archive
FTSE 100 finishes below 7,600 in quiet start to the week
At the close, London's key index has lost 54 points, or 0.7%, to end the day at 7,588
BoE meets on Thursday after interest rate expectations surge
Markets are currently pricing in another rate rise in the coming week, followed by four or five more hikes to a peak of at least 5.75%