Belmont Thornton Logo
PPI Claims - About PPI

PPI Claim News

Bank charges: Bank of England unlikely to invest further in bonds

It is unlikely that the Bank of England (BoE) will be investing in assets already bought by the government to push more money into the British economy, according to a recent poll.

Reuters reported that only a small number of economists predict that the central bank will increase investment in the government bonds that it bought between March 2009 and October 2012.

This news comes in spite of the fact that chancellor George Osborne recently changed BoE’s remit so that it does not need to focus on above target inflation if this is due to individual factors.

BoE is supposed to be trying to bring inflation back to its target rate of two per cent but says that this will take longer than was initially expected and will not fall back to the target until 2016.

Recently, inflation rose to 2.8 per cent.

It has been suggested that inflation has risen on various occasions largely due to individual factors, such as increased sales tax.

Charles Baker

Charles is a reputed financial analyst with decades of experience under his belt.ADNFCR-2776-ID-801566502-ADNFCR

Bookmark and Share
Tell a Friend
blog comments powered by Disqus

Enquiry Form

First Name 
Last Name 
Mobile Phone
Home Phone
Address Line 1 
Post Code 
Claim Back Mis-Sold PPI Button

Belmont Thornton Limited is regulated by the Claims Management Regulator in respect of regulated claims management activities; our registration is recorded on the website number 18273

Belmont Thornton Limited is incorporated in England and Wales, Company number 6621233, whose head office at Unit B16, Kestrel Court, Harbour Road, Portishead, Bristol, BS20 7AN and registered office at Harwood House, 43 Harwood Road, London, SW6 4QP.

Belmont Thornton Limited is registered with the Information Commissioners Office. Registration number Z1728023.

Please note that calls may be monitored for the purposes of staff training.

* Belmont Thornton operates on a "No Win No Fee" basis. This means that there are no upfront costs to pay. Our fee only becomes payable on a successful outcome of a claim. A cancellation fee is payable if you decide that having instructed Belmont Thornton to act on your behalf, and after 14 days of signing your Letter of Authority, you do not wish to continue pursuing your claim with us. The cancellation fee is the reasonable costs incurred for the work undertaken. Please see our terms of engagement.

By using our web-site, you agree that we can place the types of cookies described in our privacy policy on your device.Hide