The Economic Secretary delivered a speech at the Association of British Credit Unions Limited annual conference, announcing that legislative changes to support the sector will be included in the upcoming Financial Services and Markets Bill.
Speech by Economic Secretary John Glen, at Association of British Credit Unions Limited miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.
MIL-OSI United Kingdom: Speech by Economic Secretary John Glen, at the Association of British Credit Unions Limited foreignaffairs.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from foreignaffairs.co.nz Daily Mail and Mail on Sunday newspapers.
<h2>Monetary Policy Summary, May 2022</h2>
<p>The MPC sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 4 May 2022, the MPC voted by a majority of 6-3 to increase Bank Rate by 0.25 percentage points, to 1%. Those members in the minority preferred to increase Bank Rate by 0.5 percentage points, to 1.25%.</p>