Bank of England
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UK and US to raise rates this week
The Fed is poised to raise rates by 75 basis points tomorrow
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Carney to chair Brookfield’s asset management spin-off
Former governor of the Bank of England is currently head of transition investing
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Interest rates likely to rise further, says Bank deputy
Deputy governor of the Bank of England says rise “more likely than not”
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Housing market won’t suffer sharp downturn, says Bank of England
MPC member Huw Pill said growth would slow
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Don’t withhold loans, bank warns lenders
Withholding loans would be “counterproductive”, the Bank of England has said
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Bank of England scraps mortgage stress test
Borrowers will no longer have to prove they can afford far higher interest rates
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Markets: interest rates will rise to 3.1%
Financial markets are pricing in the rise as the Bank of England warns of 11% inflation
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Bank of England set to raise rates to 1.25%
Move will follow a record interest rate rise in the US
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Mortgage approvals fall to lowest level in two years
Number of mortgages approved fell to 66,000 in April as interest rate rises and cost of living bites
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Lenders and insurers face £340bn hit from unchecked climate risk
But losses could reach £209bn even if early action is taken
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Bank of England appoints resi chair
UK Finance’s Jackie Bennett takes over from Andrew Baddeley-Chappell
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‘Jury still out’ over Brexit damage to City, says Bank of England
Deputy governor Sam Woods says more City jobs could leave the UK