UK Business

.

why this could be the last increase for a while

Written by Edward Thomas Jones, Lecturer in Economics / Director of the Institute of European Finance, Bangor University

The Bank of England, London.cristapper/Shutterstock

The Bank of England has increased its benchmark interest rate to 4.5% – the seventh rise since May 2022, when the base rate was just 1%. It is now at the highest level since 2008.

The European Central Bank (ECB) also increased its benchmark rate to 3.25% at its latest meeting in early May...

More Articles ...

Hidden Gems: Rare and Unique Stones You’ve Never Heard Of (But Will Love)
When most people think of gemstones, diamonds, rubies, sapphires, and emeralds are the first to come to mind. These classic…
How to Boost Your Brand’s Credibility with Testimonial Videos
Building and maintaining trust with customers is essential for any business. One of the most effective ways to do this is t…
Critical Infrastructure Protection: The Role of Defence Consultants
In today’s world, critical infrastructure is more essential than ever. These are the systems and assets that keep society f…
BTC Swap in 2025: Changing the Crypto Game
Cryptocurrencies are booming, and BTC swaps are leading the charge in 2025. With Bitcoin dominating the $5.7 billion crypto…
Markets are choppy. What should you do with your super if you are near retirement?
ShutterstockFor Australians approaching retirement, recent market volatility may feel like more than just a bump in the road…
This may be as good as it gets: NZ and Australia face a complicated puzzle when it comes to supermarket prices
Daria Nipot/ShutterstockWith ongoing cost of living pressures, the Australian and New Zealand supermarket sectors are attract…

Traditions of Rural Bali at Villa Sabana
A Privileged Insight into the Traditions of Rural Bali at Villa Sabana Situated in the traditional village of Pererenan near Canggu, Villa Sabana is peacefully secluded in a semi-rural setting where…

Dual Living Homes in Sydney: Smart Design for Modern Living
Dual living homes are growing in popularity in Sydney due to rising housing costs and shifting family dynamics. Smart layouts with privacy and flexibility allow multiple households to live…

Brand & Co ‘Best Marketing Development Award’
The cream of the international property industry has officially awarded Brand & Co ‘Best Marketing Development Award’, Asia Pacific for 2019. Beating 76 other countries, Brand & Co, a strategic…
Achieving financial freedom with AllianceCorp
AllianceCorp has unveiled their new brand look and vision, as the brand doubles down on their commitment to help everyday Australians achieve financial freedom despite their limitations. Managing Director, Jason…
How to Develop an Efficient Packing Process When Moving
Getting prepared to move out is no easy task and requires time and effort. The best advice anyone in the situation can get is to start on time because the…

Little known law offers savvy Kiwis the opportunity to supercharge their retirement savings

A little-known legal amendment is being leveraged by savvy New Zealanders and expat Brits to supercharge their retirement savings. Not many peop...

Cutting edge AI technology designed for doctors to reduce patient wait times launched in NZ

New Zealand specialist doctors now have access to Artificial Intelligence technology to help reduce patient wait times and experts say it could be...

Launchd Takes Off: Former AFL Stars Lead Tech-Powered Platform Set to Disrupt Talent and Influencer Marketing

Backed by Institutional Capital, Launchd Combines Five Leading Agencies and Smart Technology to Deliver Measurable Results Influencer marketing i...

Meet the Australian fintech unlocking rewards for small businesses

Small businesses make up 98 per cent of all businesses in Australia, yet they continue to bear the brunt of economic uncertainty. According to Credi...

Teleperformance (TP) Business Insights Report Reveals Key Shifts in Consumer Behaviour

TP’s Business Insights report into consumer behaviors and preferences, taking in more than 57,000 respondents across 19 sectors, is shedding new li...

HubSpot launches platform-wide AI tools to help businesses close the adoption gap

HubSpot today unveiled more than 200 updates across its customer platform to help businesses grow better. The release introduces smarter tools, new AI...