Bank of England to hold interest rates

The Bank of England has given no further guidance on when it might raise interest rates, after deciding to keep them on hold at 0.5% once again. There had been speculation that the Bank might have to refine its threshold for increasing rates. The Bank also made no...

Local areas to benefit from shale gas profits

Communities that host successful fracking sites will be given a bigger slice of the proceeds under a plan being considered by the Government. The Government is looking into increasing a local community’s share of the revenue from 1% to up to 4%, although...