Rolling coverage of the latest economic and financial news ...
BORROWERS are being hit with a “hurricane of rises” as almost half a dozen lenders prepare to hike mortgage rates. NatWest, ...
“I think cuts are a long way off.” Haskel’s comments came after BoE governor Andrew Bailey last week told the FT that interest rate cuts were “in play”. Bailey declared he was ...
EUR/GBP extends losing streak on growing expectations of BoE delaying rate cuts. The gains in the UK 10-year yield enhanced ...
LONDON: Two Bank of England (BoE ... rise in United Kingdom interest rates to curb inflation, with one telling households to brace for a “significantly earlier” increase than previously ...
After the last rate increase by the BoE's monetary policy committee handed down in May, the benchmark interest rate is now 4.5%. After recording some unwelcome inflation and wage growth figures in ...
Banks have been revelling in the BoE’s sharp rate hikes, but today’s 25 basis point hike – which brings interest rates to 4.5 per cent – is unlikely to improve banks’ bottom line ...
The BoE on Thursday kept interest rates unchanged ... members that had previously voted to hike rates switched to leaving rates where they are, which sent the pound down by around 1% on the ...
The Bank of England’s (BOE) latest monetary policy statement, interest rate decision ... While two members favored a 0.25% increase to 5.5%, one member advocated for a decrease to 5%.
WAGES are rising for millions of workers new figures reveal. Growth in regular pay, excluding bonuses, was 6% in the three ...
NatWest, Barclays, Accord, Leeds Building Society and HSBC have all announced rate increases today - amid concern interest rates may not fall as much as expected this year. Swap rates - which ...
Blue chips had a stellar morning as the FTSE 100 index soared to a new all-time high of 8.073. Though the index has come back ...