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04/25/2018 08:15 AM
Income funds turn sights on UK banks as end of PPI saga draws closer
LONDON (Reuters) - Huge payouts to customers mis-sold mortgage and credit card payment protection insurance (PPI) have cost British banks dearly for years, but the end may be in sight and income fund managers are starting to show renewed interest in the sector.


04/25/2018 07:59 AM
Britain steps up battle against loan sharks
LONDON (Reuters) - Britain's government on Wednesday pledged fresh funds to crack down on illegal money lenders, who charge unfair high interest rates and often intimidate, threaten and trap vulnerable victims in a cycle of fear and violence.


04/25/2018 07:57 AM
After Carney surprise, chance of May BoE rate hike down but not out
LONDON (Reuters) - Bank of England Governor Mark Carney surprised investors last week when he hinted that interest rates might not go up next month - but economists say it would be wrong to rule out an increase.


04/23/2018 07:37 AM
Few Britons expect Bank of England to raise rates next month - survey
LONDON (Reuters) - Expectations among the British public for higher interest rates in the near future cooled in mid-April, even before comments from Bank of England Governor Mark Carney last week muddied the outlook, a survey showed on Monday.


04/20/2018 02:43 PM
Explainer - Will the Bank of England raise rates in May after Carney dampened expectations?
LONDON (Reuters) - Bank of England Governor Mark Carney dampened widespread expectations for an interest rate hike in May, pointing out there were also "other meetings" this year.


04/20/2018 02:43 PM
Bank of England rate rises shouldn't be 'glacial' - Saunders
GLASGOW, Scotland (Reuters) - The Bank of England should avoid taking a "glacial" approach to interest rate rises, one of the central bank's more hawkish policymakers said on Friday, after markets pushed back expectations for the date of its next rate rise.


04/20/2018 08:19 AM
May rate bets shrink to 40 percent after BoE's Carney comments
LONDON (Reuters) - Expectations of a UK interest rate increase in May has shrunk to around 40 percent from 70 percent earlier this week after Bank of England Governor Mark Carney dampened widespread expectations of a hike next month.


04/20/2018 02:43 PM
BoE's Carney dampens expectations for May rate hike, sees 'mixed' data
LONDON (Reuters) - Bank of England Governor Mark Carney on Thursday dampened widespread expectations for an interest rate hike in May, pointing out there were also "other meetings" this year.


04/19/2018 09:36 AM
Surprise inflation drop muddies outlook for interest rates
LONDON (Reuters) - British inflation unexpectedly cooled to a one-year low in March, calling into question whether the Bank of England will raise interest rates more than once before the end of the year.


04/18/2018 08:16 AM
Bank of England to raise rates in May, almost all economists say - Reuters poll
LONDON (Reuters) - The Bank of England will raise its key interest rate to 0.75 percent in May, nearly all the 76 economists polled by Reuters said, then add another 25 basis points just before Britain is due to leave the European Union early next year.

 

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