The Bank of England is widely expected to raise interest rates for the first time in more than 10 years next week, after the next meeting of its monetary policy committee.

The Bank of England will keep interest rates on hold until after Britain’s referendum on EU membership, the UK’s National Institute for Economic and Social Research said as it pushed back its forecast on the timing of an increase.

London: British house prices adjusted for inflation may drop as much as 20% in the next five years as the Bank of England raises interest rates and regulators toughen lending rules, the National Institute for Economic and Social Research said.

Britain’s economy grew by 0.6% in the three months to May in a sign the recovery is gaining momentum, a leading thinktank said today.

Over 120 leading Irish and international economists, economic commentators and senior policy makers from Ireland and the North took part in the first high level North-South economic forum in Dublin today.