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Tag: Governor Andrew Bailey

Business
  • Web Desk Karachi
  • Aug 02, 2025
UK households lose £5b in savings earnings as rates drop, while debt costs rise

The BOE says the roll-off onto higher mortgage rates has further to run, with a typical borrower facing an additional £1,300 in annual home-loan payments in the next two years.

UK
World
  • Hum News
  • Sep 13, 2023
UK wage growth points to another rate hike but jobless rate rises

The jobless rate in UK is already higher than the 4.1 per cent the BoE had pencilled in for the third quarter as a whole,

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