Recent News Flashes

5 August 2010 The Bank of England Monetary Policy Committee met today and voted in favour of holding interest rates at 0.5% and maintaining its £200bn stock of asset purchases
13 July 2010 Annual RPI fell from 5.1% to 5.0% and Annual CPI fell from 3.4.% to 3.2% in June
8 July 2010 The Bank of England Monetary Policy Committee met today and voted in favour of holding interest rates at 0.5% and maintaining its £200bn stock of asset purchases
15 June 2010 Annual RPI fell from 5.3% to 5.1% and Annual CPI fell from 3.7.% to 3.4% in May
10 June 2010 The Bank of England Monetary Policy Committee met today and voted in favour of holding interest rates at 0.5% and maintaining its £200bn stock of asset purchases
18 May 2010 Annual RPI rose from 4.4% to 5.3% and Annual CPI rose from 3.4% to 3.7% in April
10 May 2010 The Bank of England Monetary Policy Committee met today and voted in favour of holding interest rates at 0.5% and maintaining its £200bn stock of QE asset purchases
4 March 2010 The Bank of England Monetary Policy Committee met today and voted in favour of holding interest rates at 0.5% and maintaining its £200bn stock of asset purchases
16 February 2010 Annual RPI rose from 2.4% to 3.7% and Annual CPI rose from 2.9% to 3.5% in January
4 February 2010 The Bank of England Monetary Policy Committee met today and voted in favour of holding interest rates at 0.5% and maintaining its £200bn stock of asset purchases
19 January 2010 Annual RPI rose from 0.3% to 2.4% and Annual CPI rose from 1.9% to 2.9% in December
7 January 2010 The Bank of England Monetary Policy Committee met today and voted in favour of holding interest rates at 0.5% and maintaining its £200bn asset purchase programme
15 December 2009 Annual RPI rose from -0.8% to 0.3% and Annual CPI rose from 1.5% to 1.9% in November.
10 December 2009
The Bank of England Monetary Policy Committee met today and voted in favour of holding interest rates at 0.5% and maintaining its £200bn asset purchase programme
17 November 2009
Annual RPI rose from -1.4% to -0.8% and Annual CPI rose from 1.1% to 1.5% in October
5 November 2009 The Bank of England Monetary Policy Committee met today and voted in favour of holding interest rates at 0.5% and increasing its £175bn asset purchase programme by £25bn to £200bn
14 October 2009 The much anticipated September RPI was today reported at -1.4% A fall from -1.3% in August. CPI fell from 1.6% to 1.1%.
8 October 2009 The Bank of England Monetary Policy Committee met today and voted in favour of holding interest rates at 0.5% and maintaining its £175bn asset purchase programme
15 September 2009 Annual RPI rose from -1.4% to -1.3% and Annual CPI fell from 1.8% to 1.6% in August
10 September 2009 The Bank of England Monetary Policy Committee met today and voted in favour of holding interest rates at 0.5% and maintaining its £175bn asset purchase programme
18 August 2009 RPI rose from -1.6% to -1.4% and CPI remained at 1.8% in July
6 August 2009 The Bank of England Monetary Policy Committee met today and voted in favour of holding interest rates at 0.5% and extending its quantitative easing asset purchase programme to £175bn
14 July 2009 RPI fell from -1.1% to -1.6% and CPI fell from 2.2% to 1.8% in June
9 July 2009 The Bank of England Monetary Policy Committee met today and voted in favour of holding interest rates at 0.5% and maintaining its £125bn asset purchase programme
16 June 2009 RPI rose from -1.2% to -1.1% and CPI fell from 2.3% to 2.2% in May.
4 June 2009 The Bank of England Monetary Policy Committee met today and voted in favour of holding interest rates at 0.5% and maintaining its £125bn asset purchase programme.
19 May 2009 RPI fell from -0.4% to -1.2% and CPI fell from 2.9% to 2.3% in April.
7 May 2009 The European Central Bank met today and voted in favour of reducing interest rates from 1.25% to 1.00%.
7 May 2009 The Bank of England Monetary Policy Committee met today and voted in favour of holding interest rates at 0.5%. The Committee also said it would expand by £60bn its £75bn quantitative easing programme.
21 April 2009 RPI inflation fell from 0.0% to -0.4% in March and CPI fell from 3.2% to 2.9%.
09 April 2009 The Bank of England Monetary Policy Committee met today and voted in favour of holding interest rates at 0.5% and maintaining the current programme of quantitative easing.
02 April 2009 The European Central Bank met today and voted in favour of reducing interest rates from 1.50% to 1.25%.
24 March 2009 RPI inflation fell from 0.1% to 0.0% in February and CPI rose from 3.0% to 3.2%. The data has surprised on the upside and means that BoE Governor Mervyn King will need to write another open letter to the Chancellor explaining why inflation is so far above target
05 March 2009 The Bank of England Monetary Policy Committee met today and voted in favour of reducing interest rates from 1.0% to 0.5%.
17 February 2009 RPI inflation decreased from 0.9% to 0.1% in January and CPI decreased from 3.1% to 3.0%.
5 February 2009
 
The Bank of England Monetary Policy Committee met today and voted in favour of reducing interest rates from 1.5% to 1.0%.
23 January 2009 UK GDP fell 1.5% q/q in Q4 2008 taking the annual rate of GDP contraction to 1.8% y/y in 2008. The result was worse than the market expectation of 1.2% q/q GDP contraction in Q4.
20 January 2009 RPI inflation decreased from 3.0% to 0.9% in December and CPI decreased from 4.1% to 3.1%
15 January 2009 The European Central Bank met today and voted in favour of reducing interest rates from 2.5% to 2.0%.
8 January 2009 The Bank of England Monetary Policy met today and voted in favour of reducing interest rates from 2.0% to 1.5%..
16 December 2008 The Federal Reserve has cut the fed funds rate from 1% and will now target a range of 0% - 0/25%.
16 December 2008 RPI inflation decreased from 4.2% to 3.0% in October and CPI decreased from 4.5% to 4.1%.
4 December 2008 The Bank of England Monetary Policy met today and voted in favour of reducing interest rates from 3.0% to 2.0%..
18 November 2008 RPI inflation decreased from 5.0% to 4.2% in October and CPI decreased from 5.2% to 4.5%.
6 November 2008 The European Central Bank met today and voted in favour of reducing interest rates from 3.75% to 3.25%.
6 November 2008 The Bank of England Monetary Policy met today and voted in favour of reducing interest rates from 4.5% to 3.0%.
14 October 2008 RPI inflation increased from 4.8% to 5.0% in September and CPI increased from 4.7% to 5.2%.
8 October 2008 The Bank of England Monetary Policy Committee, the US Federal Reserve, the European Central Bank as well as the central banks of Canada, Sweden and Switzerland all agreed to lower interest rates by 50 basis points in a coordinated move. The Bank of England voted in favour of decreasing interest rates to 4.50%.
7 October 2008 The credit ratings of Royal Bank of Scotland have been downgraded by Standard & Poor’s. Their long term rating has fallen from AA- to A+ and short-term rating from A-1+ to A-1.
 16 September 2008 The credit ratings of HBos and Bank of Scotland, its main operating subsidiary, have today been downgraded by Standard & Poor's from AA- to A+.
4 September 2008 The Bank of England Monetary Policy Committee met today and voted in favour of maintaining interest rates at 5.00%.
12 August 2008 RPI inflation increased from 4.6% to 5.0% in July and CPI increased from 3.8% to 4.4%