•Bank of England in London, United Kingdom The Bank of England held its benchmark interest rate at 3.75 per cent yesterday, opting against an increase despite elevated inflation after the US-Iran war pushed up energy prices. The widely expected BoE decision came after the Federal Reserve on Wednesday signalled a US rate increase this year [&he...
•New five pound polymer banknotes featuring a portrait of Britain’s King Charles III that entered circulation by mid-2024 The Bank of England cut its key interest rate to 3.75 per cent today after UK inflation eased faster than expected and as the economy weakens. “We’ve passed the recent peak in inflation, and it has continued […]...
•Central Bank of Nigeria and Bank of England The Bank of England (BoE) has cut its key interest rate to 4 percent — the lowÂest in two years — in a decision that unÂderscores growing concerns about the United Kingdom’s economic outlook and global inflationary pressures. While the move was widely expected, its execution was […]
•The Bank of England The Bank of England today said it was cutting its key interest further after UK inflation hit a three-year low and signalled more reductions. As widely expected, the BoE trimmed borrowing costs by 25 basis points to 4.75 percent at a regular policy meeting, its second reduction since August, reports AFP. […]
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
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