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interest rate

Your profession

Retail boom stokes interest rate fears

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

clock 19 June 2008 •

Mortgages

Fixed rate costs soar in 2008

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.

clock 19 June 2008 •

Your profession

MPC gave strong support to holding interest rates

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.

clock 18 June 2008 •

Your profession

King writes to Chancellor as CPI hits 3.3%

The Government's official measure of inflation hit 3.3% in May, well above the 2% target set by the Treasury.

clock 17 June 2008 •

Your profession

Inflation hits record 3.7% in Eurozone

Eurozone inflation has climbed to a record level as food and fuel costs continue to soar.

clock 16 June 2008 •

Mortgages

Nationwide hikes fixed rates and trackers

Nationwide Building Society has announced it will raise mortgage rates on a number of fixed-rate and tracker mortgage products from tomorrow.

clock 16 June 2008 •

Your profession

Sharp rise in US inflation

Inflation has risen sharply in the US due to rising fuel costs, and may prompt the Federal Reserve to raise interest rates.

clock 16 June 2008 •

Your profession

Public supports tough inflation controls

The Bank of England may raise interest rates next month as a survey showed a lack of public confidence in its ability to control inflation.

clock 13 June 2008 •

Mortgages

B&B mortgage rates climb 0.55%

Bradford & Bingley has raised its mortgage rates by as much as 0.55% for new borrowers.

clock 06 June 2008 •

Your profession

No rate cut expected ahead of BoE announcement

Interest rates are expected to remain at 5%, according to analysts, as the Monetary Policy Committee (MPC) prepares to announce its latest decision.

clock 05 June 2008 •
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