Governor of the Bank of England, Mark Carney, has warned that the sharp increase in commercial property values is causing major concerns regarding financial stability, with European regulators closely monitoring the commercial property markets.... Read More
A report from the Office for National Statistics has stated that the Consumer Prices Index has remained at 0.1 per cent in October and in turn won't see a rise in interest rates any time soon. Earlier this month, the Bank of England said that the... Read More
Officials at the Bank of England have raised concerns about the relaxation of lending rules in the commercial property market, according recent minutes from its financial markets watchdog. The minutes from last month's meeting of the Financial Policy... Read More
Finding a £10 or £20 note in a pocket is usually welcome; the exception being when the pocket in question has just exited the spin cycle in the washing machine. Every year, hundreds of British consumers manage to “lose” their cash in this way – but... Read More
British banknotes have been around since the 16th century and have pretty much remained the same since then. Obviously they have been updated and reprinted regularly with different designs, but apart from that not much has changed. But that could all change... Read More
The Bank of England has held UK interest rates at a record low as gloomy retail news raises fears of a double-dip recession.... Read More
The Bank of England will introduce a new style £50 note into circulation on 2 November 2011. But with many £50 notes being refused for purchases in many commercial properties across the UK, will retailers and businesses be more willing to accept the new... Read More
