Bank of England

Fixed rate mortgages have seen their popularity fall significantly since the Bank of England's shock rate cut last month, new research suggests.

The Bank of England tomorrow faces its toughest interest rate decision since it was given independence more than a decade ago, experts say, as pressure for a 1% cut builds.

Eight in ten mortgage lenders have failed to pass on the full benefit of the last three interest rate cuts to their customers, according to Moneyfacts.co.uk.

Safeguards are needed to protect the UK banking system from the risks it faces, and countercyclical regulation is essential to prevent future crises, according to the Bank of England.

Alliance & Leicester says it will withdraw all two-year tracker mortgages from its range by the end of today.

Bank of England governor Mervyn King has for the first time admitted the UK is entering a recession.

Nationwide has announced it will increase rates on its tracker mortgages from tomorrow.

Three in four UK mortgage lenders have not passed on the Bank of England's full 0.5% base rate reduction to their variable rate customers.

Kent Reliance Building Society says it would not be treating its savings customers fairly by cutting its standard variable rate (SVR).

Many building societies are failing to put their members first by passing on the Bank of England's recent base rate cut.