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Interest Rates

Improving Financial Outcomes — The FCA’s Three-Year Strategy

Most people would agree that the financial sector has been in dire need of more targeted regulation — and, on the whole, those companies that have always operated ethically would also agree. In a sector tarnished by everything from the LIBOR scandal to consumer scams, tougher regulations should allow firms already meeting or exceeding those standards to get a head-start. What’s the Background to the Strategy? S
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7-2 vote brings interest rate rise closer

The news that two member of the Bank of England’s monetary policy committee voted in favour of an increase on interest rates at their August meeting would suggest that the historic low rates are nearing their end. We’ve written before about the possible impact of rising rates, however gradually, on businesses and consumers who are managing, just, their repayments. Once variable loan rates start to increase, whether o
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