Home sales slipped to the lowest level for 18 months as estate agents reported a poor month of trading.
Fewer sellers put their homes on the market while buyers are holding off because of worries about rising interest rates. Continue reading Homes sales have slowed again, say estate agents
A link to the Bank of England’s latest report is here.
Prices are rising and the Bank of England is under pressure to raise interest rates to support the economy – but how does changing the interest rate affect what a family has to pay for food, fuel and mortgages?
Inflation is the result of the amount of money spent in the economy increasing at a faster rate than a country makes money from goods and services. Continue reading How changing interest rates affects inflation
The Bank of England base rate remains unchanged despite economic pressures to step up a gear.
The Bank’s monetary policy committee voted to keep the rate at 0.5% for a record 22 consecutive months. Continue reading Bank interest rate stays at 0.5% despite economic worries
I’m not really into fancy graphs, I don’t have a private school or university education and I don’t have a posh accent so if that’s what you were hoping for this post might dissapoint you. Continue reading My 2011 interest rate prediction
From the heart, not a chart.