Bank Of England

Economy shrinkage ‘less than feared’ but 1m job losses and low earnings loom

06-Aug-2020 By Nicholas Robinson

The Bank of England has predicted that the economy will not shrink as much as first thought following the coronavirus pandemic, but it will take longer to recover while job losses are likely to hit 7.5% later this year and average earnings likely to shrink....

What pubs need to know about the paper £10 note deadline

19-Feb-2018 By Stuart Stone

Old paper £10 notes will cease to be legal tender after Wednesday 28 February, yet an estimated £2.1bn worth of the old notes are still thought to be in circulation.

Things to know about the new £10 note

18-Jul-2017 By Nikkie Sutton

The Morning Advertiser investigates what pubs can expect when the new tenner is handed over the bar ahead of its unveiling.

EU Referendum

JD Wetherspoon prints 500,000 more Brexit beer mats attacking George Osborne

20-Jun-2016 By Oli Gross

JD Wetherspoon has printed another wave of Brexit beer mats for its pubs with a message for George Osborne as founder Tim Martin continues his bold campaign for his customers to vote leave this week.

Tender

Pubs must prepare for plastic fivers

21-Jan-2016 By Oli Gross

Pubs will need to accept new plastic five and ten pound notes from customers later this year, and licensees will need to prepare for their introduction.

Interest rates held again

10-Mar-2011 By Gurjit Degun

The Bank of England has decided to hold interest rates at 0.5% again — in a move hailed as good for pubs.

No change for interest rates

10-Mar-2011 By Hamish Champ

The Bank of England has resisted calls for an increase in the base interest rate yet again, keeping it at 0.5 per cent, the level at which it has...

Inflation hits four per cent

15-Feb-2011 By Hamish Champ

UK inflation, as measured by the consumer prices index (CPI), rose to four per cent in January - up from 3.7 per cent in December - prompting fears...

'Drink-drive cases on hold as leading forensics lab axed'

10-Feb-2011 By Matt Eley Matt

Police have been told to put samples from drink drivers on ice after the biggest forensic science provider was axed.A leaked memo revealed staff at...

'Now the banks are lending even less - loans to small firms worse than six months ago'

21-Sep-2010

Banks were last night warned they must start lending to small businesses or face swingeing new taxes. Bank of England figures showed that small...

Leading pub operators see summer boom

16-Aug-2010 By Hamish Champ

Leading pub and restaurant chains appear to be benefitting from UK consumers holidaying at home rather than abroad, new figures suggest. According to...

Bank of England sends out £20 note reminder

26-Apr-2010 By Hamish Champ

The Bank of England has reminded businesses that from the end of June the £20 note bearing the image of composer Edward Elgar on the back will cease...

Interest rates stay the same for 11th consecutive month

04-Feb-2010 By Hamish Champ

The Bank of England has maintained interest rates at 0.5 per cent - and a called time on the policy of quantitative easing, which has seen billions...

Interest rates held at 0.5 per cent

07-May-2009

The Bank of England has voted to hold interest rates at 0.5 per cent. Quantitative easing, where the Bank prints more money to buy government and...

Interest rates cut to all-time low

08-Jan-2009 By Ewan Turney

The Bank of England has cut interest rates by a further 0.5% to 1.5% — the lowest in its 315-year history. The historic move is designed to spark...