UK mid-year economic outlook

01 August 2018

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The first six months of 2018 has seen ups and downs for the UK economy with the uncertainty of Brexit still on the horizon.

Bank of Ireland's Economic Research Unit has taken a look at what’s happened in the first half of 2018, as well as forecasting what we expect to see over the remainder of the year in terms of economic growth, exchange rates and interest rates.

Read our full economic overview

View our economic overview infographic

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Change to your customers’ mortgage payment

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Following the Bank of England Base Rate (BBR) change announced on 11th March, if your customers have a mortgage with us that’s on our Standard Variable Rate or is linked to the BBR, their monthly payment will change from 1st of April 2020. They should have received a letter from us by now telling them how much their new monthly payment will be. We’ll write to them by 9th April if the BBR cut announced on 18th March also affects them.