Rolling coverage of the latest economic and financial news ...
BORROWERS are being hit with a “hurricane of rises” as almost half a dozen lenders prepare to hike mortgage rates. NatWest, ...
Bank of England Governor Andrew Bailey hinted that the UK might be able to lower interest rates before the US, saying ...
LONDON: Two Bank of England (BoE ... rise in United Kingdom interest rates to curb inflation, with one telling households to brace for a “significantly earlier” increase than previously ...
“I think cuts are a long way off.” Haskel’s comments came after BoE governor Andrew Bailey last week told the FT that interest rate cuts were “in play”. Bailey declared he was ...
After the last rate increase by the BoE's monetary policy committee handed down in May, the benchmark interest rate is now 4.5%. After recording some unwelcome inflation and wage growth figures in ...
Blue chips had a stellar morning as the FTSE 100 index soared to a new all-time high of 8.073. Though the index has come back ...
The Bank of England’s (BOE) latest monetary policy statement, interest rate decision ... While two members favored a 0.25% increase to 5.5%, one member advocated for a decrease to 5%.
NatWest, Barclays, Accord, Leeds Building Society and HSBC have all announced rate increases today - amid concern interest rates may not fall as much as expected this year. Swap rates - which ...
WAGES are rising for millions of workers new figures reveal. Growth in regular pay, excluding bonuses, was 6% in the three ...
A much-longed-for cut to interest rates in June is looking less likely after new inflation data showed prices were not ...
Risk of declining consumption, house price falls and defaults as tighter policy finally has impact ...