Pegasus Capital

Blog With Tag funding for lending scheme

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A View from the Bridge - April 2013

Crisis, what crisis? An economic crisis according to the incoming Bank of England Governor and Fitch agreed as they downgraded the UK from triple A. That said, we did officially avoid a triple dip recession with Q1 growth of 0.3% the growth in the services sector countering continued falls in the construction sector. With UK interest rates unchanged this month and QE kept at existing levels the boost for growth is being centred on the Funding for Lending Scheme (FLS), which has been extended to 2015.

PegasusCapital - Wed 1st May

A View from the Bridge - Aug 2018

The Bank of England has raised interest rates above 0.5% for the first time since March 2009, although this is still the first-time rates have been set at 0.75%, base rates were cut from 1% to 0.5% as part of the ongoing emergency response to the financial crisis. The 0.25% increase follows the removal in November of the emergency cut to 0.25% delivered in the aftermath of the Brexit vote.

PegasusCapital - Mon 6th Aug