On the cards: Laith Khalaf looks at what could happen for savers and investors in 2024
With inflation on the wane, the Bank of England is now tipped by markets to cut interest rates multiple times in 2024.
But ratesetters are keen to push back on these assumptions and three members of the Bank’s monetary committee voted for a rise last week, although they were outvoted 6 – 3 and base rate was held at 5.25 per cent.
Yesterday, the