Chetwood Bank, a digital bank challenging established incumbents, says it has now topped £4 billion in savings deposits. Last year, at the end of March, Chetwood reported £2.86 billion in deposits. Chetwood benefits from a current interest rate of 4.52% paid to its “easy access”… Read More
Read more in: Fintech, Global | Tagged banking, chetwood bank, digital bank, uk, united kingdom
Today, the Bank of England cut its Bank Rate by 25 basis points. This is in contrast to the US Federal Reserve’s decision to hold rates steady due to stagflation concerns. The BoE decision was not unanimous with some wanting a more aggressive cut and… Read More
Read more in: Global, Opinion, Politics, Legal & Regulation | Tagged bank of england, barclays private bank, chetwood bank, devere, manx financial, perspective, uk, united kingdom
UK inflation (Consumer Prices Index including owner occupiers’ housing costs – CPIH) declined slightly in an unexpected development. Inflation was measured at an annual rate of 2.5% in December, down from November at 2.6%. On a monthly basis, the consumer price index rose by 0.3%… Read More
Read more in: General News, Global | Tagged bank of england, chetwood bank, inflation, interest rates, manx group, u, uk, united kimgdom, united kingdom
© 2025 Crowded Media Group. All Rights Reserved.