Rising Interest Rates: How will Banking Change?
Event type: Forum
Sponsored by: Phoebus Software and Mintel
Location: Mintel Group Ltd, 11 Pilgrim Street, London, EC4V 6RN
Date: 14 Oct 2014
Time: 08:30 for a 09:00 start until 11:00
After more than five years of the base rate at 0.5%, interest rates are finally set to rise. How are banks and other lenders preparing for the rising rate environment? Will savings returns start to look attractive again, and what will the impact be on new lending and existing borrowers? Will rates return to pre-credit crisis levels or will there be a “new normal” of higher – but still low – rates? A panel of senior experts provide insights into this long-awaited change for the marketplace.
Andrew Sentance, Senior Economic Adviser, PricewaterhouseCoopers
Kevin Mountford, Head of Savings, Money Supermarket
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