Economics / Markets

Why are interest rates at crisis levels?

The official UK interest rate could settle at an average of 3% in a few years, the outgoing deputy governor of the Bank of England has predicted.

A row has broken out over the cost of setting up all of the public bodies needed in an independent Scotland.

Britain's two state-backed banks have retreated from lending to the London property market since the financial crisis, in a sign of caution amid fears of an inflating housing bubble.

The Treasury is expected to appeal to the UK's biggest banks to increase competition in lending to small and medium-sized businesses.

Sterling has fallen back below $1.69 after worse-than-expected borrowing figures disappointed those investors hoping for further confirmation the economy is back on track.

How can investors protect portfolios against rising interest rates?

Does the industry overestimate the importance of volatility?

The Bank of England may find monetary policy such as raising interest rates "the only game in town" to combat financial stability risks such as the housing market, the deputy governor has warned.

The UK CPI inflation rate rose in the year to April, the first increase in ten months, according to the Office for National Statistics (ONS).