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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FIVE at FIVE: Inflation softens; Banks rip ahead; FTSE suree; National Grid and the vampire kangaroo
Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news
Savers warned to move quickly as inflation subsides
Lower-than-expected inflation in June has already prompted analysts to forecast less drastic future interest rate hikes
UK inflation softens, making next Bank of England meeting a 'close call'
Markets quickly reduced expectations for a peak UK interest rates of 5.75%, down from the 6.5% that had been anticipated
Archive
FTSE 100 enjoys best trading day of the year on inflation boost
London's main index finished strongly following signs of slowing UK inflation, up 1.8% to 7,588 points
Savings allowances under scrutiny as taxes set to rocket with rates
1.8mln were charged tax on their savings last year, compared to less than a million in 2021, with more set to pay this year
NS&I lifts savings rates to highest in years
Guaranteed Growth Bonds now come with interest rates of 5%, their highest since 2008