Bank of England reaction: Will interest rates go negative? BoE reaction: Will interest rates go negative? The Bank of England (BoE) held monetary policy steady yesterday for the second meeting in a row. Interest rates were left at 0.1 per cent and bond-buying at £745bn in a business-as-usual decision. All nine members of the monetary policy committee (MPC) voted in favour of continuing this monetary policy. But analysts, investors and traders [...]
Sajid Javid backs plan to end furlough scheme in October Javid supports end to furlough scheme Former chancellor Sajid Javid today offered his support for ending the furlough scheme next month, claiming any extension would be “unfair” on taxpayers. Speaking at the Centre for Policy Studies think tank talk about the post-pandemic economic recovery ahead, Javid said he agreed with chancellor Rishi Sunak that the furlough scheme must end. “Even if [...]
