Tagged: kwasi kwarteng

Bank of England Raises Rates by 50 bps, Biggest Hike in 33 Years

September 22, 2022 @ 9:18 am By JD Alois |

The Bank of England has raised interest rates by 50 basis points – the biggest leap in many years. The move by the BoE follows the US Federal Reserve’s anticipated 75 bps rate increase. The Bank of England said it maintains resolve to fight inflation… Read More

Read more in: Global, Opinion, Politics, Legal & Regulation | Tagged bank of england, cardano, douglas grant, interest rates, kwasi kwarteng, manx financial group, uk, united kingdom

Covid Born Recovery Loan Scheme Extended to Aid UK SMEs

July 20, 2022 @ 9:04 am By JD Alois |

Today, the UK government has announced that the Recovery Loan Scheme (RLS), launched in April 2021 to help businesses counter the COVID crippled economy, will be extended for a further two years. Originally set to end last December, during the Autumn Budget the government extended… Read More

Read more in: Fintech, Global, Politics, Legal & Regulation | Tagged british business bank, catherine lewis la torre, douglas grant, kwasi kwarteng, manx financial group, nadhim zahawi, recovery loan scheme, rls, uk, united kingdom