Monetary Policy

Bank of England: pumping extra £50bn into economy

Quantitative easing may help pubs

By Gemma McKenna

Industry experts hope that a further £50bn of new money being pumped into the economy will benefit pubs.

Angela Eagle and Alistair Darling: pubs will benefit from VAT cut

Treasury: no plans to drop beer duty

By Ewan Turney

The Government has said it has "no plans" to drop its Pre-Budget 8% rise in beer duty — even when the VAT rate returns to 17.5%. Chancellor...

Bank of England has cut rates again

Interest rates cut to all-time low

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...

Bank of England has cut rates

Interest rates cut to 2%

By Ewan Turney

The Bank of England has cut interest rates by a further 1% to 2% — its lowest since 1951. The historic move is designed to spark growth in the...

Interest rates cut to 5.25%

Interest rates cut to 5.25%

By Ewan Turney

The Bank of England has cut interest rates from 5.5% to 5.25% in a bid to spark growth in the economy. The move will benefit homeowners and borrowers...