As Bank of England hints about a hike, stimulus from the government – including removal of the pay cap – could lead it to push further ahead on ratesWe’ve heard it all before. The Bank of England is putting debt-laden consumers on notice of higher borrowing costs, yet again.But this time, just maybe, interest rates could finally be on the march from as early as November after more than 10 years without a hike. While the first rise may simply serve to reverse last year’s emergency rate cut, there are signals that the Bank may then push still further ahead. Continue reading…
Via: What will justify an interest rate rise in November? | Richard Partington
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PIERS MORGAN: A phone call I received from a fired-up Trump should be a warning to Democrats
President Trump called me for a chat on Saturday. It was our first conversation since he unfollowed me on Twitter in April after I wrote a Mail column telling him to ‘Shut the f*ck up Read more…