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East London Advertiser
eastlondonadvertiser.co.uk > news > national > 26410203.bank-set-hold-interest-rates-despite-intensifying-middle-east-war

Bank set to hold interest rates despite intensifying Middle East war

11+ hour, 38+ min ago   (483+ words) The Bank of England is expected to hold interest rates again next week despite fresh uncertainty in the Middle East. Economists have said they still expect a majority of the Bank’s rate-setting committee to opt to keep the base interest…...

East London Advertiser
eastlondonadvertiser.co.uk > news > 26297346.andy-burnham-scraps-vat-energy-bills-first-tax-cut

Andy Burnham scraps VAT on energy bills as households set to save from October

5+ day, 10+ hour ago   (451+ words) Millions of households across Britain are set to see their electricity bills fall this autumn after new Prime Minister Andy Burnham announced VAT will be removed from domestic energy bills from October 1. The move, worth £850 million, is expected to save…...

Google News
eastlondonadvertiser.co.uk > news > national > 26284379.uk-economy-eked-growth-may-amid-iran-war-pressures

UK economy eked out growth in May amid Iran war pressures

1+ week, 3+ day ago   (558+ words) The UK economy returned to growth in May, but official figures showed expansion was muted amid price pressures and supply chain issues due to the Iran war. The Office for National Statistics (ONS) said gross domestic product rose (GDP) by…...

East London Advertiser
eastlondonadvertiser.co.uk > news > national > 26177118.growth-slow-unemployment-jump-two-million-says-cbi

Growth to slow and unemployment to jump to two million, says CBI

1+ mon, 2+ week ago   (387+ words) UK economic growth is set to falter and unemployment will worsen as the conflict in the Middle East and rising energy costs weigh on consumers and firms, new forecasts have warned. Influential business group the Confederation of British Industry (CBI)…...

East London Advertiser
eastlondonadvertiser.co.uk > news > national > 26149514.bank-england-can-tolerate-inflation-2-target-says-bailey

Bank of England can tolerate inflation above 2 target, says Bailey

1+ mon, 4+ week ago   (285+ words) The Governor of the Bank of England has said that allowing inflation to remain above target levels for a period is “appropriate” in the face of uncertainty and weakness in the economy. Andrew Bailey told an audience in Reykjavik, Iceland,…...

East London Advertiser
eastlondonadvertiser.co.uk > news > 26130706.apsana-begum-criticises-system-driving-wealth-gap-poplar

Economic insecurity dominates concerns in east London

1+ mon, 4+ week ago   (465+ words) In Poplar and Limehouse, we experience the stark reality of inequality in our country. We have one of the highest rates of child poverty on the one hand and huge amounts of wealth situated in Canary Wharf’s financial sector and…...

East London Advertiser
eastlondonadvertiser.co.uk > news > national > 26006536.mortgage-availability-expected-lenders-increase-coming-months

Mortgage availability expected by lenders to increase in coming months

3+ mon, 2+ week ago   (445+ words) Mortgage availability to households is expected to increase over the three months to the end of May, according to a Bank of England survey of lenders. The availability of non-mortgage credit to households is also predicted to rise in the…...