interest rate

SIPP operators have warned disclosing the interest they earn on investors' cash accounts is more complicated than FSA proposals suggest.

There is a "real chance" the Bank of England will raise interest rates as early as next week, says Skandia, with subsequent hikes pushing rates up to 3% by the end of next year.

Lenders are expecting a surge in demand for fixed-rate mortgages after inflation rose by the fastest rate on record last month.

The Bank of England has maintained interest rates at 0.5% and kept its quantitative easing programme at £200bn.

Dr Ros Altmann has called on the government to reintroduce inflation-linked certificates as pensioners battle the rising cost of living.

An MPC member has predicted interest rates could hit 5% and urged IFAs to help homeowners prepare for the increases.

The Bank of Japan has kept interest rates static at between 0% and 0.1% in a bid to boost the nation's economy and rein in inflation.

The Bank of Japan (BOJ) has completed the preparations necessary to begin buying ETFs as part of its asset purchase strategy.

The Bank of England has held interest rates at 0.5% and left unchanged its quantitative easing programme at £200bn.

The Government is sitting on a war chest worth billions of pounds that could be used to help reduce the national debt or finance new spending plans.