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Bank of England

Mortgages

Cheer for borrowers as Libor dives 1%

The cost of inter-bank lending has decreased markedly in reaction to the Bank of England's base rate cut, falling by over 1% today.

clock 07 November 2008 •

Mortgages

Rate cut 'pointless' if no lender take-up

Industry experts say the Bank of England's historic interest rate cut will be pointless if savings are not passed on to ordinary borrowers.

clock 06 November 2008 •

Your profession

Euro interest rates cut to 3.25%

The European Central Bank (ECB) has cut Eurozone interest rates to 3.25% to stave off the risk of recession.

clock 06 November 2008 •

Mortgages

BoE slashes interest rates by 1.5%

The Bank of England has slashed interest rates by a further 1.5% to boost Britain's ailing economy.

clock 06 November 2008 •

Mortgages

House prices in worst crash since early 80's

House prices have plummeted 15% over the past twelve months and are now falling at their fastest rate for over 25 years.

clock 06 November 2008 •

Mortgages

C&G removes tracker range

Cheltenham & Gloucester (C&G) has withdrawn its tracker range after other lenders moved to re-price tracker products.

clock 06 November 2008 •

Mortgages

Base rate cuts prompt fixed rate exodus

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

clock 05 November 2008 •

Your profession

BoE limbers up for toughest base rate call in a decade

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.

clock 04 November 2008 •

Mortgages

BoE savings not passed on by 80% of lenders

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.

clock 04 November 2008 •

Your profession

Tough regulation needed for risky banks - BoE

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.

clock 28 October 2008 •
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