by admin | Aug 3, 2018 | Blog, Business, Economy, Finance, Government, Market Update
So, the Bank of England’s Monetary Policy Committee (MPC) has made the unanimous (all its members came to the same decision) to raise the Bank Base Rate by 0.25 percentage points, to 0.75%. The Inflation Report states ‘Global developments will affect the UK through...
by admin | May 9, 2018 | Blog, Business, Economy, Finance, Financial Markets, Government, In Business, Market Update, Small Business Blog
Some time ago (late 2016) UK Base Rate was reduced to 0.25% and an additional scheme to the stable of QE was added next to Funding for Lending. Term Funding Scheme (TFS) was introduced by the Bank of England at a time of falling lending amounts, for banks and building...
by admin | Apr 12, 2018 | Blog, Business, Economy, Finance, In Business, Market Update
Reports are suggesting that some mortgage market lenders are starting to increase their pricing rates to products which, based on the price of mortgage-backed securities (traded like Stocks) are already prone to change daily. It seems that finding a property, a lender...
by admin | Mar 14, 2018 | Blog, Business, Economy, Finance, Government, In Business, Market Update, Small Business Blog
Just as private resident council tax is levied upon private residential property, business rates are levied upon business properties. With hikes from last year’s revaluation they are viewed as disproportionally high by most business owners and are a contentious issue...
by admin | Aug 10, 2017 | Blog, Business, Economy, Finance, Financial Markets, In Business, Market Update, News, Small Business Blog
Monetary policy has been left unchanged for another month, meaning Base interest rate remains 0.25% (with a capped QE programme). Inflation was up to 2.9% in April and May but dropped to 2.6% during June. The consensus amongst analysts is that a rate rise is unlikely...
by admin | Jul 5, 2017 | Blog, Business, Business Notes, Economy, Finance, Market Update, Small Business Blog
The finance news trundles on, each day offering something new which, for most going about their day, is irrelevant beyond the headline. Excepting when someone decides they’re ready to make their move with a lender, the comings and goings of finance worlds don’t come...
