Bank of England

National

Banks offering worst savings rates to be named and shamed under new crackdown

The UK's financial watchdog issued a warning as part of its clampdown on banks providing low savings rates to customers, despite the Bank of England's rate rises, reports Ruby Flanagan

National

Banks offering worst savings rates to be named and shamed under new crackdown

The UK's financial watchdog issued a warning as part of its clampdown on banks providing low savings rates to customers, despite the Bank of England's rate rises, reports Ruby Flanagan

National

What can you do if you’re worried about paying your mortgage or rent?

With a significant number of fixed-rate deals set to expire in the coming months, homeowners need to prepare for potentially higher monthly bills

National

Interest rates raised to 4.5% by Bank of England - Highest since 2008

Seven members of the Monetary Policy Committee voted for the change

National

Britons need to accept they’re poorer, and stop demanding pay rises, says Bank of England's chief economist

The central bank's chief economist Huw Pill says people and businesses need to stop playing “pass-the-parcel” to get inflation under control

National

Interest rates could fall to pre-covid levels in welcome boost for mortgage holders

The International Monetary Fund (IMF) has offered a new ray of hope by stating that interest rates in major economies are predicted to return to their pre-pandemic levels

National

Inflation shock forces Bank of England to increase interest rates yet again - see how it will affect you

Putting more pressure on borrowers and homeowners, the Bank of England has hiked the interest rates for an 11th consecutive time

National

Mortgage shock for millions as Bank of England raises interest rate for 10th time in a row

The Bank’s Monetary Policy Committee (MPC) opted to hike the base rate from 3.5 per cent to 4 per cent

National

Negative equity is now ‘a real risk’ for thousands of homeowners - what is it and what you can do about it?

The combination of rising mortgage costs and falling house prices risks dealing a double-punch blow to many homeowners, as they could soon find themselves in negative equity

National

Four million homeowners brace for 'huge mortgage shock' after yet another big interest rate rise

It means interest rates remain at their highest level in 14 years, since the 2008 financial crisis

National

Boost for savers as banks offer best buy savings accounts paying up to 5.12% - full list

After years of falling rates, banks and building societies are now finally offering consumers decent rates and deals - but some of the deals have strings attached

National

Bank of England announces biggest interest rate hike in 33 years as UK faces long recession

The Bank also warned that the UK could be on course for the longest recession since reliable records began in the 1920s