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Channel: Money Mantra » Financial Regulation
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Interest Rates Could Rise at Start of Next Year

Mark Carney, governor of the Bank of England, has indicated that a rise in interest rates could finally be on the cards after a long period of sustained near-zero rates. Carney suggested that the...

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PPI Pay-outs reach £9bn in two years

Over the past two years the payment protection insurance scandal has escalated greatly.  Currently, the result of this is illustrated in the £9bn UK banks have had to pay in compensation to customers...

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