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 Live: Oil majors underpin strong rally despite US falls
London's blue-chips enjoyed an upbeat day
NS&I hikes premium bond prize fund to highest since 1999
Some £66 million extra in prizes will be available to bondholders from next month
Savers’ benefits important to note as optimism returns for UK economy – Shore Capital
Shore Capital pointed to higher savings rates as a key positive of high interest, while suggesting things could only get better for the UK economy
Small-cap movers: Venture capital trusts rip ahead
Plus, UK government's North Sea nod sends oil stock ripping ahead
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Hopes of mortgage rate peak as BoE predicts subsiding inflation
Anticipation from the Bank of England that inflation should subside to 5% this year has prompted hopes that mortgage rates have peaked
FIVE at FIVE: Interest rate hikes; Adidas after Kanye; FTSE 100; Next upgrade; Rolls-Royce a different beast
Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news
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Bank of England raises interest rates to 15-year high
The 14th consecutive increase takes interest rates to 5.25%
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FTSE 100 Live: Stocks close off day's lows as Bank hikes rates as expected
London's blue-chips have rallied from earlier lows as investors digest the latest interest rate rise by the Bank of England
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Fuller Treacy Comment of the Day - UK House Price Declines Deepen as Borrowing Costs Cut Demand, and more...
Comment of the Day1st August 2023Eoin TreacyAug 2Video commentary for August 1st 2023A link to today's video commentary is posted in the Subscriber's Area.Strategists Scramble to Catch Up as S&P 500 Rally Rumbles OnThis article from Bloombe
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
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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
FIVE at FIVE: Mortgages soar again; Amazon loses users; Rising wages; Footsie flat; British Land beams optimism
Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news
No relief for homeowners as mortgage rates near mini-budget levels
Bosses from Lloyds, Santander and Skipton will be grilled by MPs today
FIVE at FIVE: FTSE 100 drops; Threads kills Twitter; Currys tough trading; higher interest warnings; Jet2 news mixed
Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news
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Mortgage and savings rates... Mind the gap
Mortgage and savings rates continue to distance as lenders hike the former
Five-year fixed mortgage rates pass 6% as savings row continues
Average five-year fixed mortgages surpassed 6% on Tuesday
Mortgage rate hikes see seller discounts skyrocket
Around one-third of homes listed up for sale were being offered at a discount in late June, according to Rightmove
Gilt purchases by DIY investors skyrocket as Bank of England hikes rates
Some investors seem to be holding the UK government bonds to maturity, locking in yields of more than 5%, while some are betting on the sensitivity of long-dated bonds
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Dow Jones closes lower as Powell's hawkish commentary sours sentiment
The tech-laden Nasdaq closed up 0.3% at 13,592 points, while the S&P 500 finished the day where it started at 4,377 points and the Dow Jones lost 0.2% at 33,854 points
HSBC offers 7% direct saver after UK base rate hike
Savings rates have edged upwards after the Bank of England lifted base interest for the 13th time in a row
Nasdaq breaks eight-week winning streak as broad selloff continues
The Dow closed Friday down 218 points, 0.6%, at 33,729, the Nasdaq Composite declined 138 points, 1%, to 13,493 and the S&P 500 slid 33 points, 0.8%, to 4,348
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FTSE 100 closes under 7,500 as interest rate worries persist
At the close, the UK's main index had fallen another 0.5% to finish the week at 7,462 points
FIVE at FIVE: Interest rate hikes; FTSE 100 closes lower; Musk v Zuck; Bitcoin smashes 30k; Ex-Vodafone boss pay rise
Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news
Savings rates rocket as BoE hikes interest
Average savings rates have already jumped since June 1, according to Moneyfacts
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FTSE 100 finishes lower after BoE rate rise
London's key index held its head above the 7,500 mark despite dropping 57 points on the day, closing 0.8% lower at 7,502
Mortgages deals removed from market after UK inflation stalls
Around 150 mortgage deals have fallen off the market on Wednesday alone after inflation data came out
FIVE at FIVE: Inflation unchanged; Banks feel mortgage heat; FTSE 100 slips; THG boss waives golden share; Rolls bags airshow orders
Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news
Over 1.4mln mortgages face immediate hike if rates rise
Tracker and standard variable deals will see monthly bill rises of £30 and £47 respectively if rates rise 0.5%
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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
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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%