Firm UK inflation in Jul. piles pressure on Bank of England
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Money markets are adding to bets the Bank of England will keep interest rates on hold at 4% for the rest of this year as signs of faster inflation and a more resilient economy reduce the case for more easing.
Because AI systems are trained on large volumes of data, taking steps to keep underlying datasets error free and well structured is also important. According to Rees of Starling Bank, this will help banks ensure their AI tools offer the “most effective” insights.
While the Bank of England consults on who will appear on the next round of British bank notes, with reports that Winston Churchill could be dropped from the fiver, this week in the South Atlantic
Gilt yields rose to their highest in almost three months ahead of UK inflation data that could cement the case against the Bank of England cutting interest rates again this year.
Inflation is likely to show another uptick, giving Bank of England policymakers more to consider ahead of their next meeting.
The high street bank is keeping competition fresh in the savings markets as others cut interest rates in the wake of the Bank of England base rate drop
Following the Bank of England base rate cut earlier this month, a number of banks have been dropping their interest rates
The Bank of England (BoE) has published a consultation (Consultation) on the UK's future regulatory framework for central counterparties (CCPs). This initiative forms part of the UK's post-Brexit financial regulatory reform,