Posts Tagged: inflation

SME’s Are Losing out Leaving Cash in the Bank

Figures from a YouGov survey show small to medium-sized businesses (SMEs) are missing out on better interest rates by leaving their cash with the Big Four banks. According to the survey some of the UK’s ‘challenger’ banks are now offering rates of up to 1.20 per cent for short-term deposits, none of the high street…

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Bank of England Has ‘Improved’ Its Economic Forecasting

The Bank of England’s economic forecasting ability is in the spotlight again as several officials, including the governor Mark Carney and the Bank’s chief economist, Andy Haldane, have this week been grilled by The Treasury Select Committee. The questioning follows the Bank’s inflation revisions earlier this month and further industry criticism about its ability to get basic…

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