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September 23, 2021
https://www.outlookindia.com/
The central banker stated that CASA deposits rose 43.7 per-cent in March 2021 compared to a 41.7 per-cent growth in the previous year
September 23, 2021
mint
Economists polled by Reuters had expected no change to the BoE's main policy settings after its September Monetary Policy Committee meeting
Rebekah Evans
September 23, 2021
Express.co.uk
INTEREST RATES are not set to increase, after the Bank of England refused to be budged on their record-low base rate today. The news follows a year and a half of an almost rock bottom base rate as a direct result of the impacts of the pandemic.
Graeme Wearden
September 23, 2021
the Guardian
A view of Bank of England and City of London skyline on a clear sunny day as seen from Mansion House. Photograph: Thomas Krych/SOPA Images/REX/Shutterstock
Zee News
September 23, 2021
Zee News
Indian shares edged up in early trade on Thursday to hover near record highs, led by metal and banking stocks, as investors overlooked signs of a slightly hawkish tilt by the U.S. Federal Reserve overnight.
Connor Coombe-Whitlock
September 21, 2021
Express.co.uk
NS&I is set to launch a Green Savings Bonds by the end of 2021, which will allow savers to help 'make the world greener, cleaner and more sustainable' while also building up their savings pots. New analysis from AJ Bell showed there is demand for green financial products such as this one, but savers could be hit if their interest rates are not managed effectively. If the NS&I bond is offered at a market leading rate, it could cost UK taxpayers over £200million a year.
Graeme Wearden
September 21, 2021
the Guardian
Empty shelves are seen in the meat aisle of a supermarket in Liverpool, Britain, yesterday Photograph: Phil Noble/Reuters
Andrew Sparrow
September 19, 2021
the Guardian
Andy Haldane, once named on Time 100 list, says addressing regional disparities is a 'personal passion'
September 19, 2021
The Economic Times
Fed officials are expected to signal a start to scaling down monthly bond purchases in their policy statement at 2 p.m. Washington time on Wednesday, the most significant among at least 15 global central bank decisions due.
Richard Partington
September 18, 2021
the Guardian
Soaring prices will have some at the Bank itching to put up interest rates, but others will stress that now is a very bad time
Connor Coombe-Whitlock
September 17, 2021
Express.co.uk
INFLATION figures were released recently as the Office for National Statistics (ONS) confirmed the Consumer Price Index (CPI) rose to 3.2 percent in August, the largest ever recorded increase. As a result of this, savers and ISA holders are expected to lose thousands in real terms over the next five years as cash struggles to keep up with prices. Unfortunately, according to a new survey from the Bank of England, Britons are underestimating how much this will impact them.
Zee News
September 17, 2021
Zee News
Following in the footsteps of the State Bank of India (SBI), the Bank of Baroda has also announced a revision in the home loan and car loan interest rates.
September 17, 2021
The Economic Times
The World Bank said in a statement said that the decision came after internal audit reports had raised "ethical matters, including the conduct of former Board officials as well as current and/or former Bank staff" and a board investigation conducted by the law firm Wilmer Hale
Richard Partington Economics correspondent
September 15, 2021
the Guardian
Analysis: Britain faces universal credit cut, public sector pay freeze and national insurance rise
September 16, 2021
mint
Now, Bank of Baroda home loan rates will start at 6.75% and car loan rates start at 7.00%
Bianca Bharti
September 15, 2021
financialpost
CPI soars 4.1 per cent, biggest jump since 2003
Hilary Osborne
September 15, 2021
the Guardian
Jump in August to a nine-year high of 3.2% will have an impact on pay packets and savings
Richard Partington Economics correspondent
September 15, 2021
the Guardian
Leap to 3.2% from July's 2% is largest increase in annual rate from one month to next since records began
Charlie Bradley
September 15, 2021
Express.co.uk
THE STATE PENSION could rise by as much as four percent as inflation in the UK soars.
Connor Coombe-Whitlock
September 15, 2021
Express.co.uk
INFLATION figures were released today and the Bank of England confirmed the Consumer Price Index (CPI) has risen. This followed a brief dip in the summer and it is now expected to rise to around four percent by the end of 2021. This news will hit savers hard who will see their cash savings struggle to keep up.
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