The Bankof England meets several times a year to set the base rate, a mechanism that influences interest rates on everything from mortgages to savings accounts. It came after several months of ...
Your support makes all the difference. Bankof England governor Andrew Bailey has said interest rate cuts could soon become “more aggressive”, sparking a drop in the value of the pound.
The British pound and government bond yields fell sharply early Thursday after Bankof England Governor Andrew Bailey said the central bank could be more aggressive in cutting borrowing costs if ...