Tag Archives: BoE
No change for interest rates
Bank of England interest rates will remain unchanged at their record low of 0.5% making it 4 years since the last rate change, back in March 2009. Despite pressure for The Bank of England’s Monetary Policy Committee (MPC) to do more to … Continue reading
Finance initialisms to make you ROFL
The financial services industry loves it’s 3 letter acronyms or initialisms to be precise. It’s no wonder the public are ITD (in the dark). The Regulators don’t help, but it wasn’t the FSA. Before them it was the PII (and before … Continue reading
What do the inflation figures actually mean?
With the latest inflation figures showing RPI at 5.6% pa and CPI (the governments preferred measure) sitting at 5.2% pa it easy to be startled by the headlines – inflation is currently high and well above the Bank of England’s target of … Continue reading
The Latest Inflation Figures aren’t Bad News for Everyone
The inflation figures for the UK economy released on 18th October 2011 for the year ending in September 2011 have confirmed the continuing upward trend. The Retail Prices Index (RPI) measurement is now 5.6% pa (the highest since June 1991) and … Continue reading
Inflation is inflating
Inflation figures (released on 16th August 2011) provided no surprises as CPI increased to 4.4% (up 0.2% from June) and RPI remained steady at 5.0%. Risers Unusually there was not one single component that drove the increase in CPI annual … Continue reading
