The Bank of England has given lenders six months to prepare for negative interest rates being implemented for the first time in its history.A review by the central bank's Prudential Regulation Authority (PRA) found that introducing the measure sooner "would attract increased operational risks". A move to negative interest would impact savings accounts and people's pensions.More than 160 banks and building societies responded to the survey on whether negative lending rates would work in practice.It comes as the Bank of England's monetary policy committee (MPC) voted unanimously to keep the...…The Bank of England has given lenders six months to prepare for negative interest rates being implemented for the first time in its history.A review by the central bank's Prudential Regulation Authority (PRA) found that introducing the measure sooner "would attract increased operational risks". A move to negative interest would impact savings accounts and people's pensions.More than 160 banks and building societies responded to the survey on whether negative lending rates would work in practice.It comes as the Bank of England's monetary policy committee (MPC) voted unanimously to keep the...WW…

One in five adults in the UK have now received a Covid vaccine, Health Secretary Matt Hancock has announced.The Cabinet minister said Britain remained on track to hit its target of inoculating the top four priority groups against by 15 February.With the country topping 10 million jabs on Wednesday, plus today's figures, one-fifth of all the UK's adult population has now received a dose of the vaccine."We are on track to deliver the commitment we have made of offering the jab to all of the top four priority groups by 15 February," Mr Hancock told reporters while visiting the Royal Marsden...…One in five adults in the UK have now received a Covid vaccine, Health Secretary Matt Hancock has announced.The Cabinet minister said Britain remained on track to hit its target of inoculating the top four priority groups against by 15 February.With the country topping 10 million jabs on Wednesday, plus today's figures, one-fifth of all the UK's adult population has now received a dose of the vaccine."We are on track to deliver the commitment we have made of offering the jab to all of the top four priority groups by 15 February," Mr Hancock told reporters while visiting the Royal Marsden...WW…