Bank rate Archives | Taxfile https://www.taxfile.co.uk/category/bank-rate/ Tax advice & accounting services for South London businesses & SMEs Sun, 31 Oct 2021 20:44:05 +0000 en-GB hourly 1 Bank Base Rate to stay at 0.5% until 2016 (…probably) https://www.taxfile.co.uk/2013/09/bank-base-rate-to-stay-at-0-5-until-2016/ Thu, 05 Sep 2013 10:05:10 +0000 http://www.taxfile.co.uk/blog/?p=536 Mark Carney, the Bank Of England’s new Governor, has announced his ‘forward guidance’ that the Bank does not intend to raise Bank Rate from 0.5% until the unemployment rate falls to 7%, which it forecasts will happen in mid 2016 — three years away. The Governor hopes that the announcement of this 3 year plan […]

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