United Kingdom

Saving And Loans News Headlines

BoE's Carney - policy needs to walk, not run

The Bank of England's approach to policy should be to "walk - not run", Governor Mark Carney said on Thursday after the central bank raised rates to a new post-financial crisis high of 0.75 percent.

BoE should raise rates, but be ready for U-turn - NIESR

The Bank of England should raise interest rates this week but also tell the public it will be ready to make a U-turn if Brexit talks sour or trade tensions with the United States escalate, a leading economic think tank said on Wednesday.