Bank holds rate at 0.5 % but summer rise possible

The Bank of England Monetary Policy Committee has voted 6-3 to maintain the Base Rate at 0.5% this month.

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Drop in inflation to 2.4% is welcomed by sector

Falling CPI inflation has been welcomed by sector experts.

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CPI inflation rises to 3.1% but financial services fall in cost

Inflation, as measured by the Consumer Prices Index, rose from 3% in October to 3.1% in November although falling prices for products such as travel goods and financial services prevented a bigger rise.

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Robo boss hits out at 'misinformed' Mark Carney

The boss of a European robo-adviser has hit out at comments from Bank of England Governor Mark Carney, saying his ‘throwaway’ remarks were ‘misinformed’.

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