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Despite ‘BREXIT’ looming, the Bank of England is on the verge of increasing ‘Bank rate’ – screwing-up the British economy?

October 23, 2017 by dadman007

                Now the Bank of England (BoE) is the central bank of the United Kingdom, founded in 1694, and its mission is promoting the good of the people of Britain by maintaining monetary and financial stability, isn’t it? Yep, but it would appear to many of us that instead of diligently performing that […]

Posted in AUSTERITY, Banks, BREXIT, community, currency, economy, establishment, EU, EURO, europe, European Union, financial, government, Housing, industry, Law, manufacturing, Other Countries, stock exchange | Tagged Bank of England, Bank rate, BoE, borders, BR, BREXIT, Competitiveness, cost of borrowing, cost of living, Council of EU, Countries, credit, economic growth, European Commission, European Council, European monetary union, European Parliament, eurosceptics, export market, exports, finances, financial markets, France, Germany, Governor Mark Carney, immigration, imports, IN-OUT Referendum, inflation’, investment, Ireland, Leave’, Monetary Policy Committee (MPC), mortgage, no deal, Parliament, PM Theresa May, Remain’, Sovereignty, trading bloc, Treaties, World Trade Organisation | Leave a comment

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