Inflation falls to lowest level in 2 years

UK inflation fell to 2.1% in December, from 2.3% the previous month, according to the Office for National Statistics (ONS).

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Former top UK regulator to join BoE policy committee

Dame Colette Bowe, a former chief executive of the UK’s top financial regulator, and Dame Jayne-Anne Gadhia, former chief executive of Virgin Money, have been appointed to the powerful Financial Policy Committee.

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Bank interest rate frozen at 0.75%

The Bank of England has today held the Bank Rate at 0.75%.

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Bank of England base rate held at 0.75%

The Bank of England’s Monetary Policy Committee has voted 9-0 to maintain the bank base rate at 0.75%.

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