Its official! Banks still increasing cost of borrowing
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Business borrowing rates average 2.5% over Base Rate – up by 0.5% on a year ago – as banks increase profit margins.
The Bank of England today published its monetary trends report for October and this shows that the trend appears resolutely upwards – mainly due to the costs banks themselves face for wholesale funds.
The report also shows banks have increased their fee/commission income. Although the bank’s own expectations are that aspect will level off.
A new paper put out on November 9 by Project Icarus, the environmental scheme launched by the UK and
In these difficult economic times you don't want to miss out on potential cash savings. On 31st March 2010