Bank Of England

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The productivity and creativity of the UK's workers could be suppressed in the long term if home working continues, according to Andy Haldane, the Bank of England's chief economist.  Mr Haldane said that fewer day-to-day conversations, face-to-face meetings and introductions posed ris

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TSB has introduced new mortgages for first time buyers, making it easier for young people to get a mortgage - so long as they have a 15% deposit. On Friday, the lender revealed a range of mortgages for first-time buyers which use an easier stress test than for home-movers. A stress test is a calcula

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One in ten people in the UK are hoarding more cash at home than before the coronavirus pandemic in case of an emergency, according to new data from the Bank of England.

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The Bank of England (BoE) has asked UK banks if they are prepared for interest rates to fall to as low as 0.00001% or into negative territory as officials discuss whether to cut rates below zero to boost the economy. Sam Woods, head of the bank’s Prudential Regulation Authority, has written to

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The UK Government's plans to substantially increase low-deposit mortgages for first-time buyers have come amid an acute rise in loan prices. According to data from the Bank of England, the average cost of a two-year fixed-rate mortgage with a 5% deposit was 3.95 %in September, an increase from 3.02%

31-45 of 74 Articles