Mortgage rescue plan gets rolled out

The government has recently decided to roll a mortgage rescue scheme designed to try and help struggling homeowners to avoid repossession out across England. Read more

Tags: United Kingdom, scotland, rescue, consumers, remainder, mortgage rescue plan

Split decision on rates at last MPC meeting

According to the recently released minutes from the last Monetary Policy Committee meeting held in early August there was a split vote with regards to interest rate movement. However, despite this many officials now believe that the minutes indicate that the MPC and the Bank of England are now prepared to look at cutting rates again despite soaring inflation levels that are set to get worse. This is because of the gloomy forecasts that have been made with regards to the UK’s economy. Read more

Tags: bank of england, remainder, bias, mpc, year