financial experts
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A business and economics expert Gurpreet Narwan has been taking a look at the unsurprising decision by the Bank of England to hold interest rates at 4.75%. She says what was “more striking” was the policy rift starting to emerge on the Bank’s Monetary Policy Committee, with six members voting to hold the rate and three voting…
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While the Bank of England’s decision to keep interest rates at 4.75% was not surprising, mortgage experts have warned that it could “trigger some negative responses”. David Hollingworth, associate director at L&C Mortgages, said markets are anticipating that stubborn inflation may hold back the pace of any base rate cuts next year. “I expect mortgage lenders…
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