UK Bank of England Interest Rate history from 1975.
The Bank of England increased the UK’s central bank rate to 2.25%, the highest level since December 2008, at their review on 22 September 2022.
- 2.25% from 22 Sep 2022
- 1.75%
Category: Economics
US Interest rate Sept 2022
The United States Federal Reserve announced it was raising its key rate by another 0.75 percentage points, lifting the target range to 3% to 3.25%.
This rate is expected to keep increasing, and to reach 4.4% by the end of … Read the rest
Brexit is Done – Merry Christmas
The Brexit Deal is agreed..
Now let everyone enjoy Christmas…
Boris Johnson has said “From January 1 we are outside the customs union and outside the single market.”
“British laws will be made solely by the British Parliament … Read the rest
IMF Reports on World Economies 2020 – 2021
Many News reports are highlighting the negative side of the very recent IMF economic reports, taking account of the current COVID-19 pandemic.
An example being the IMF’s prediction of an 8.1% shrinking of the Lithuanian economy, in 2020.
But the … Read the rest
UK to keep paying EU for 44 years.
UK Payments to EU to continue for 44 years..
The UK government has agreed to pay £29.6billion to the EU as part of its departure from the bloc, in order to pay off financial commitments it signed up to prior … Read the rest
UK GDP 2000 to 2018
UK Gross Domestic Product (GDP) 2000 to 2018..
Gross Domestic Product in the UK has seen increases between 1.95% and 6.11% during all years from 2000 to 2018, except for 2009, when it dropped by 2.55%.
Gross domestic product (GDP) … Read the rest
GBP – EUR 2010 to 2020
FX Movements GBP – EUR 2010 to 2020..
1 Pound sterling (GBP) equals 1.17656 Euro (EUR) as at 9th January 2020.
Ten years ago it was 1.11 on the 8th January 2010.
The British Pound is slightly higher (6%) than … Read the rest
Does Scotland Subsidise England
Does Scotland really Subsidise England..
Ian Blackford, the leader of the Scottish National Party in the House of Commons, states that Scotland has subsidised the rest of the UK in most of the last 40-year period. The data used is … Read the rest
ASDA sales Drop due to Brexit?
Brexit has caused Supermarket sales to drop….
ASDA boss, Doug McMillon, said Brexit fears “continue to negatively affect customer spending patterns” for the chain.
Asda chief executive and president Roger Burnley added that customers have had “little … Read the rest
European Countries not members in the European Union
European countries that are not members of the European Union [EU]..
With the UK attempting to leave the EU, it is worth looking at how many other countries in Europe are NOT in the EU.
The major local countries to … Read the rest