These are the best British employers for work-life balance: Euromonitor International, Bank of England and MediaMath July 24, 2015 We all know that the 24/7 business cycle, a globalised working environment and technology such as smart phones pushes our workload outside of typical 9-5 hours. But if you're fed up of the blurred line between work and play, then Glassdoor has put together a list of Britain's best employers for work-life balance. A recent [...]
Institute of Directors: Bank of England must raise interest rates now or risk being defenceless during the next crisis July 22, 2015 The Institute of Directors (IoD) has urged the Bank of England's monetary policy committee (MPC) to start raising the interest rate "now" or risk being "defenceless" when the next financial crisis comes. Read more: Pound jumps as Bank of England moves closer to rate hike In a statement released after yet another decision to hold rates [...]
Pound jumps as Bank of England rate-setters vote unanimously to keep rates on hold in July July 22, 2015 The pound rose 0.45 per cent against the dollar to $1.5624 this morning after members of the Bank of England's monetary policy committee (MPC) struck a more hawkish tone in minutes of a meeting published today. While all nine members voted to hold interest rates at a record low 0.5 per cent at its meeting [...]
Treasury to cut Bank of England monetary policy committee meetings from 12 to eight July 21, 2015 If you've been getting fed up with months of MPC updates with no change – and let's face it, after six years of the same update, who isn't – then there's some good news. The number of monetary policy committee meetings is about to be reduced to just eight per year, down from 12. This [...]
The Bank of England could – and should– have raised UK interest rates much sooner July 20, 2015 Heartening as it was to hear the governor of the Bank of England, Mark Carney, dropping hints last week about the raising of Bank Rate, serious doubts remain over the effectiveness of the low interest rate regime in reviving the economy. Moreover, the impression continues to be given that the delay in raising rates carries [...]
Bank of England governor Mark Carney would be wrong to hike interest rates this year, and the next move should be a cut July 20, 2015 At a time when central banks all around the world are stimulating their economies through monetary easing and/or quantitative easing, it's madness that the Bank of England is considering raising interest rates – and if anything the next move should probably be a cut to 0.25 per cent. The Bank of Canada cut rates last [...]
Bank of England minutes to give clue on rate hike – London Report July 19, 2015 INCREASED rhetoric from the Bank of England suggesting an interest rate hike could come soon has sparked extra interest in this week’s minutes of the latest Monetary Policy Committee meeting. The minutes, out on Wednesday, will give clues as to how many MPC members are likely to vote for an interest rate before the end [...]
Here’s what analysts think about Bank of England governor Mark Carney’s interest rate rise comments July 17, 2015 Bank of England governor Mark Carney has dropped a few hints interest rates could rise from their record lows sooner than markets are currently expecting – but yesterday he was unusually clear. During a speech in Lincoln he said: "In my view, the decision as to when to start such a process of adjustment will [...]
Interest rate hike decision could come “at turn of the year – Bank of England Governor Mark Carney July 16, 2015 A decision on an interest rate hike – the first since the financial crisis – will be made by policymakers at the end of the year, Bank of England governor Mark Carney said in a speech on Thursday. Read more: Sterling jumps after Carney says interest rate hike "moving closer" The UK's economic recovery has [...]
Got change? Here’s what the Bank of England’s £1m “giant” and £100m “titan” notes look like July 16, 2015 The Bank of England has "giant" and "titan" bank notes, and they're worth £1m and £100m respectively. But you can forget day dreams of a cash machine accidentally dispensing one of these any time soon. While the high denotation bank notes aren't in circulation they're used to back the everyday value of notes issued by [...]