In an interview with the BBC, the Bank of England’s deputy governor, Ben Broadbent said that pre-announcing the dates for an interest rise would be ‘foolish’.
Author Archives: myersclark
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Super Thursday of Economic Data
From today, Thursday 6th August, the monthly interest rate decision and the minutes from the Bank of England’s Monetary Policy Committee (MPC) will be released without the fortnightly gap as previously observed.
What we can expect from this ‘Emergency Budget’ given that it will be the first all Conservative budget of George Osborne’s career?
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HMRC Ends £100 Penalties for Late Self-Assessment
HM Revenue and Customs (HMRC) are reviewing the penalties for those who fail to submit their income tax returns on time.
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The European Central Bank's Trump Card
The president of the ECB has the option to put Greece in such a position where it would have to print its own currency and leave the Eurozone. However, it is reported this is not a measure he wants to take at the moment.
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Reserve Bank of India Cuts Interest Rate for Third Time
The Reserve Bank of India has cut its interest rate for the third time in a year in order to boost its growth as Asia’s third largest economy.
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Big Four UK Banks Face Extra £19bn in Charges
Analysts are estimating a further £19bn of conduct and litigation changes to hit the big four high-street banks before the end of 2016.
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New Google Algorithms Favour Mobile-Optimised Sites
It has now become even more important to have a mobile-optimised website. From today, Google’s new algorithms will change the way it ranks websites, this time favouring sites which are mobile-optimised. It is the increase in smart-phone usage which is the driving force behind this change.
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Fears Greece will Default as Borrowing Cost Rises
There are growing fears for Greece as it resorts to extreme measures to stay afloat, as the bail-out drama continues.
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Swiss Abandon Currency Cap
The Swiss franc has appreciated 20% against the pound.following the release of the long-standing cap. The removal of the cap on a maximum value has meant the Swiss franc has become almost too strong against the Euro.