Central banks play a crucial role in shaping a country’s economy. Among their many responsibilities, one of the most significant is setting interest rates.
In this article, we will explain to you the complicated relationship between central bank policies and interest rates.
For many, the investment market holds nothing but fear and trepidation at present, especially in developed economies such as the UK.
Here, the rate of inflation remains disproportionately high at 9.7%, and while this fell incrementally from the 10% mark reported in April, it continues to squeeze household incomes while driving up interest rates as part of quantitative easing measures from the Bank of England (BoE).
By Mark Smith, local democracy reporter
A pension fund with almost 100,000 members across Cheshire said it is reviewing its investments in a Russian bank due to the ongoing crisis in Ukraine.
The Cheshire Pension Fund is used by Cheshire West and Chester, Cheshire East, Warrington and Halton councils, Cheshire Police, Cheshire Fire and Rescue Service and more than 200 other organisations across the county including schools, colleges and parish councils.
The former RBS bank in Nantwich town centre could be turned into apartments and shops, new plans show.
Cheshire East Council has received an application to develop the former RBS branch on Pillory Street.
A woman had to be rescued by fire crews after plunging down a steep bank at Bickerton near Nantwich.
Fire crews from Nantwich were called out at around 3.40pm yesterday (January 9) to Coppermine Lane, Bickerton, a popular spot for walkers.
Handelsbanken, the relationship bank for local businesses and individuals, has appointed Sharon Wooliscroft to manage its branch in Crewe.
With a 28-year background in banking, Sharon will lead an established team of bankers serving , customers in and around South Cheshire.
A Nantwich man is preparing his family for a shopping trip with a difference after winning £5,000.
Pete Wilson won the prize in John Lewis vouchers after entering a draw at his local Royal Bank of Scotland branch on Pillory Street, Nantwich.
Customers at TSB in Nantwich will be banking on good service under its Goode new manager.
Nicky Goode has joined as boss of the town’s branch based on Churchyardside in the town centre.
HSBC Bank chiefs have revealed they are to close the Nantwich branch because of a dramatic drop in footfall.
The branch, on the corner of High Street and Hospital Street, is set to close on January 27.
Police hunting a bank robber who struck in South Cheshire, have released a CCTV image of a man they want to trace.
A lone man who entered Yorkshire Bank on Victoria Street, in Crewe, told staff he was armed and approached the cashier demanding money.
Customers of the Co-operative Bank have hit out at a decision to close the Nantwich branch.
Hundreds of customers have received letters from the company warning them that the branch on High Street will close on April 18.
A former bank manager is re-lighting her career – by opening a candle shop in Nantwich!
Beth Harrison has realised a childhood ambition with her new store, “For Candles of Nantwich”, on Hospital Street.
The most coveted football prize in England will be in Nantwich this week. The Barclays Premier League Trophy will be in the town just 24 hours after the new 2013-14 league fixtures are announced.
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