Bank of England

The Consumer Price Index (CPI) reached a ten-year high of 3.8% in June from 3.3% in May, according to the Office for National Statistics.

The Bank of England's Monetary Policy Committee (MPC) has voted to keep rates on hold at 5%.

Borrowers are increasingly moving towards long-term fixed rate deals as two-year fixed rates top 7%, according to Spicerhaart Financial Services.

The amount of money raised through mortgage equity withdrawal (MEW) has fallen, according to the Bank of England.

Mervyn King, governor of the Bank of England, has told MPs he is confident inflation will fall back to its 2% target.

A surprise boom in retail spending in May might prompt the Bank of England to raise interest rates earlier than expected.

Gross mortgage lending fell slightly in May after making a small recovery in April this year, according to the Council of Mortgage Lenders (CML).

The cost of an average two-year fixed rate mortgage has increased by over 60 basis points in the last three months, according to Legal & General.

The Bank of England's Monetary Policy Committee (MPC) voted strongly in favour of keeping interest rates at 5% earlier this month, according to minutes from the meeting.

Northern Rock's speedy loan repayment could intensify the credit crunch, according to New Star economist Simon Ward.