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Interest rates held for seventh time in a row

Sky News Thursday, 20 June 2024
The Bank of England has held interest rates at 5.25% for the seventh time in a row.
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News video: New US Home Construction Sinks to Slowest Pace in 4 Years

New US Home Construction Sinks to Slowest Pace in 4 Years 01:30

New US Home Construction , Sinks to Slowest Pace in 4 Years. Government data released on June 20 indicates that new home construction in America dropped in May to the slowest pace since June 2020, Yahoo Finance reports. . Housing starts dropped 5.5%, and building permits dipped 3.8%. Home...

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Bank of England Bank of England Central bank of the United Kingdom

UK budget dims prospect of aggressive rate cuts, say economists

Hopes for consecutive interest rate cuts by the Bank of England over the next two months have been dampened by the UK government's recent budget, economists have..
Sky News
Bailey optimistic Bank of England can cut rates further [Video]

Bailey optimistic Bank of England can cut rates further

Bank of England governor Andrew Bailey has said he is "optimistic" that inflation pressures would ease sufficiently for the central bank to cut rates further. Report by Ajagbef. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:28Published

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