Bank of England

The Bank of England's Monetary Policy Committee(MPC) has opted to hold rates at their current level of 4.75%.

House price inflation has fallen back just over 1% since May, despite rising by the same amount in August alone, the latest figures from the Halifax House Price Index reveal.

Net mortgage lending increased by £9.8bn in July official figures from the Bank of England released today show.

Gross mortgage lending reached £30.4bn in July - the second highest figure on record and the strongest July figure ever - according to new data from the Council of Mortgage Lenders (CML).

Its not often I feel the need to go back and revise something I've written - in fact the urge to do so has never taken hold of me before.

The Bank of England's latest inflation report has hinted at the possibility of a further rise in the base interest rate in order to keep inflation under control.

There didn't appear to be a great deal happening last week other than the continuing spat over home information packs and what I suspect have been the largely unsuccessful attempts by the pack's supporters to prove the scheme still has some legs and isn't...

The FTSE 100 Index has fallen 88.20 points, or 1.5%, to 5,844 points in reaction to a shock hike in interest rates to 4.75%.

The Monetary Policy Committee is likely to keep interest rates unchanged as overall consumer confidence appears to have stabilised.

The Chancellor has made two new appointments to the Bank of England's Monetary Policy Committee (MPC).