- Warning. Beware of financial advisers promising unusually high investment returns.
- In Money Marketing this week the Financial Services Authority is warning advisers about the dangers of selling dodgy non regulated investment products. What about warning the public?
- Wed 28th Jul 2010
- Have you been miss-sold your mortgage and are now stuck in mortgage hell.
- I have been speaking to a number of mortgage gurus over the last few days and the prickly topic that keeps cropping up is mortgage miss-selling.
- Wed 14th Jul 2010
- Bank of England to hold interest rates until May 2011. Good news.
- The british chamber of commerce have stated that rates will be on hold for quite some time.
- Tue 6th Jul 2010
Economy facing "testing times", says BoE
Thu 17 Jan 2008 4pm
The Bank of England's (BoE's) monetary policy committee is currently faced with "testing times" as a result of the uncertainty surrounding the economy, according to one official.Speaking at a meeting with the London Chamber of Commerce and Industry, BoE deputy governor John Gieve said that economic growth is now experiencing a sharp slowdown, partly due to last year's base rate increases.
He added that this, coupled with the effects of the ongoing global credit crunch, could be enough reason to make a "progressive" policy shift, going on to note that rises in food and oil prices could have further repercussions.
"These are likely to raise our inflation rate well above target in the coming months at a time when short-term inflation expectations remain uncomfortably high," Mr Gieve stated.
Earlier this week, figures from the Office for National Statistics showed that consumer price index inflation remained steady at 2.1 per cent in December.
