Bank of England

OPINION Great Britain needs a consumer spending barometer we can all relate to (and afford) Did you know that The Bank of England uses transactions from coffee chain Pret a Manger to gauge consumer spending and economic activity? …

The US Federal Reserve is raising the interest rate paid on reserve balances to 5.15 per cent, effective May 4, 2023. The move is likely to spark an interest hike announcement in the UK according to several news reports. Central banks…

Many small businesses in the UK will bank with the same outfit for both their personal and business affairs thinking their personal and business deposits are protected under the Financial Services Compensation Scheme (FSCS). But that could…