So you may have heard recently that the Bank of England has hinted at a cut in the BofE base rate, currently at a record low of 0.5%, but what might this mean for you? When it comes to borrowing, low rates are good news. It means the cost of borrowing is reduced, however, you need to bear in made that banks and lenders apply…
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The pound fell for a second day after the Bank of England cut interest rates for the first time since March 2009, part of a suite of stimulus measures to help boost the economy…
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Bank Underground is a new blog written by staff at the Bank of England. Our goal is to bring more of our thinking into the public domain and to showcase our analytical and research…
The Bank of England’s monetary policy committee voted 9-0 to keep the cost of borrowing at 0.5%. Photograph: Luke MacGregor/Reuters The Bank of England goes to considerable lengths…
Shafik had joined the Bank from the International Monetary Fund on a five-year contract as deputy governor responsible for markets and banking in 2014. Her job consisted largely of dealing with the after effects of scandals around the rigging of benchmark interest rates and foreign exchange prices. But she will leave at the…
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The top tips, assistance and advice for Bank of England jobs and careers. Diverse careers, LGBT friendly employers, BAME friendly employers, inclusive jobs. Selection Process at the Bank of England We have designed the application process for experienced professionals to be a quick and easy process. There are four stages for…
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