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Bank of England ‘engaging’ with Treasury ahead of October 31 budget plan

Deputy governor of the Bank of England Sir Dave Ramsden has said the central bank is “engaging” with the Treasury over the potential fiscal event on October 31. The deputy governor for markets and banking also told MPs at the Treasury Committee that ...

24 Oct 2022 at 17:34

Bank rate setter says he is now ‘more confident’ about UK inflation

A member of the Bank of England’s interest rate-setting committee has said he thinks UK inflation could return to the target level and stay there for longer than the central bank’s own predictions. Dave Ramsden said the UK is no longer an “outlier” ...

19 Apr 2024 at 16:36

More ‘modest’ rate hikes needed but uncertainty reigns, says Bank deputy

Further “modest” interest rate hikes will likely be needed to cool soaring inflation, but the crisis between Russia and Ukraine has clouded the outlook, according to a Bank of England deputy governor. Sir Dave Ramsden – deputy governor for markets,...

22 Feb 2022 at 13:55

Football

Amputee footballer Rhyce Ramsden on glory, globe-trotting and Jack Grealish

England midfielder Rhyce Ramsden admits amputee football has opened doors he did not realise were accessible to him. The Everton player has just completed arguably the most successful couple of weeks of his life after scoring twice in the FA ...

28 Jun 2023 at 13:37

Top UK banks could avoid Government bailout if they fail, Bank of England finds

The UK’s biggest banks could stay open and would not need to be bailed out by the Government should they collapse, the Bank of England has found in an assessment of their crisis planning. Eight major banks and building societies were ...

06 Aug 2024 at 13:31

City

Gold price rally helps drive surge in profits for Ramsdens

Higher gold prices have helped drive a 50% surge in precious metal profits for high street lender and retailer Ramsdens, which said it is raising its outlook for the year. Gold prices have been soaring as investors pile cash into ...

08 Apr 2025 at 07:53

Chancellor’s Budget to help bring down inflation from spring, say Bank officials

Policymakers at the Bank of England said they expect Chancellor Rachel Reeves’ Budget to knock as much as 0.5 percentage points off inflation by next spring. Clare Lombardelli, deputy governor of the central bank, pointed ...

09 Dec 2025 at 17:20

City

Record gold prices and premium watch sales boost profit for Ramsdens

A rebound in demand for Rolex watches and higher gold prices prompting more people to sell unwanted jewellery have helped drive record profits for retailer and lender Ramsdens. Ramsdens, which has 169 stores in the UK, ...

14 Jan 2025 at 16:29

City

More people pawning jewellery amid lack of quick credit options, Ramsdens says

More people have been selling or pawning their jewellery or watches amid higher gold prices and a lack of short-term credit alternatives, retailer and lender Ramsdens has said. The company, which has 167 stores across ...

05 Jun 2024 at 12:07

Bank’s deputy governor ‘conscious of great hardship’ faced by millions

The deputy governor of the Bank of England has said he is “acutely conscious” that raising interest rates is adding to the hardship faced by millions of households and businesses amid the cost-of-living crisis. Dave ...

24 Nov 2022 at 12:10

Bank of England policymaker warns of rising inflation risk

Bank of England policymaker Dave Ramsden has backed the Bank’s “gradual and careful” approach to rate cuts, pointing to “increased uncertainty” in the economy. Speaking in South Africa on Friday, Mr Ramsden, who is ...

28 Feb 2025 at 08:12

City

Soaring gold price sees more people ‘clear out’ jewellery boxes, Ramsdens says

The soaring price of gold prompting more people to “clear out” their jewellery boxes has bolstered profits for retailer and lender Ramsdens. The Middlesbrough-based chain, which has 169 UK stores, reported a surge ...

04 Jun 2025 at 10:25

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