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Konsileo - Central England

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Konsileo - Central England

We're Konsileo, experts in connecting businesses to the best insurances available in the open market

02/01/2024

Why You Should Review Your Insurance Suppliers and How Konsileo Can Help!

As a business owner, you know how important it is to protect your assets, liabilities, and reputation from various risks and uncertainties. But when was the last time you reviewed your insurance suppliers and the coverages they provide?

Drop me a message to find out more, for a hassle free review 😊

Konsileo - Central England

02/11/2023

Bank of England Interest Rates remain unchanged at 5.25%. What are your thoughts on the economy?

Summary (from BBC)
1. The Bank of England has held the base interest rate at 5.25%
2. The Bank's Governor Andrew Bailey says rates "will have to remain where they are now for an extended period"
3. And he says "we will be watching [inflation] closely to see if further increases in interest rates are needed"
4. Alongside the interest rate decision, the Bank has downgraded growth forecasts for the UK economy
5. It expects growth of 0.6% in each of the last two quarters of 2023 compared to a year earlier
6. But it says growth will fall in the first quarter of next year to 0.2%, and then onto 0.0% in the second quarter and beyond
7. The Bank kept interest rates on hold in September after making 14 consecutive rises since the end of 2021

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