Bulletin

BoE expected to hold interest rates at 0.5% this week

England

The Bank of England is expected to leave interest rates on hold this week, marking the first time in over half a century that a government has enjoyed unchanged borrowing costs for its entire term. Paul Hollingsworth of Capital Economics said: 'Thursday's Bank of England interest rate announcement looks set to be another uneventful one.' A poll of economists by Reuters points to the early months of 2016 as the most likely timing for the first hike, giving the next government some time to settle in before mortgage holders are hit with higher costs.

 

Note: News bulletin content has been provided by a third-party and is not the opinion of Santander.

Other Articles

Cornwall is a land steeped in legend but this salty business success story is no myth.

Santander Incubator social enterprise, Liverpool Girl Geeks, has secured £20k in Rosa funding to help them grow their programmes and…

With the second-largest economy in Latin America, Mexico should be a core focus for UK exporters looking at the region

Santander Incubator social enterprise, Liverpool Girl Geeks, has secured £20k in Rosa funding to help them grow their programmes and…

Travelstar European Ltd, one of the West Midlands’ leading coach hire companies, has moved to larger premises in Portland Street, Walsall,…

The UK’s aerospace industry is the focus of our second quarterly bulletin in partnership with EEF, the manufacturer’s organisation. We take…

Where Next?