Tag Archives: Bank of England

Mortgages to be rationed in 2012

January 5, 2012

0 Comments

  Ever dreamed of buying a house? Well you’re a crazy fool and you should lower your ambitions. Houses are for people with huge sums of cash in reserve. If you don’t own a house now then you probably never will so just deal with it. What’s that? You want a flat. Well sure you [...]

Share
Continue reading...

Inflation rises to 5.2%

October 18, 2011

0 Comments

It has just been revealed by the Bank of England that inflation has risen to 5.2% – its highest level in three years. The figure is up from 4.5% in August, and rising energy costs seem to be the main culprit to blame for the hike. These figures are bad news for the British public, [...]

Share
Continue reading...

New £50 note to arrive 2nd November

October 3, 2011

0 Comments

The Bank of England has announced that a new £50 note will be released on the 2nd November. The design was revealed in 2009 and features two promenent figures from the textiles industry – entrepreneur Matthew Boulton and engineer James Watt. It will be the first time ever that two portraits will feature on the [...]

Share
Continue reading...

Tories to scrap FSA in banking shakeup

August 28, 2009

0 Comments

Tories to scrap FSA in banking shakeup

The financial industry is in for a major awakening should the Conservative party receive the keys to power in the next general election says Channel 4 News. Plans outlined by the party has revealed that one casualty of their proposed financial shakeup would be the Financial Services Authority (FSA) with their power being transferred to [...]

Share
Continue reading...