MPC vote to hold rates was unanimous
All nine members of the Bank of England's interest rate-setting committee voted to keep the cost of borrowing on hold this month, minutes from the meeting showed today.
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Student loan rates more than double
Figures released from various sources this summer paint a bleak picture for students' finances.
Currently, the main source of financial support for students is the Stude...
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3.5%
Fixed rates have undergone repricing of up to 0.5% higher this past week; however, tracker rates remain unaffected owing to the Bank of England holding the base ra...
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A-level pass rates reach record high
The pass rate at A-level has risen for the 22nd consecutive year to over 95%, results out tomorrow will show, although the rate of improvement has slowed.
Ministers and...
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Fed vows to peg rates until growth improves
The US Federal Reserve last night promised to hold interest rates at their lowest level for 45 years until the world's largest economy pulls out of its two-year stagnatio...
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Dow tumbles to two-month low on interest rate fears
Wall Street yesterday suffered its worst session in two and a half months as the Dow Jones index tumbled almost 150 points on renewed fears of terrorism and the prospect ...
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Healthy economy makes rate cut unlikely
The prospect of a cut in interest rates all but vanished today, as the service sector expanded at the fastest rate for over a year, while industrial output also showed he...
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CBI urges more rate cuts as confidence dips
The CBI will today urge the Bank of England to stand ready to make further cuts in interest rates in the coming months, as it warns that business confidence has fallen in...
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Home loans to cost more as fixed rates rise
The cost of fixed-rate home loans has started to rise in what could be a forewarning of across-the-board mortgage increases next year.
More than half - 53 per cent - of...
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Rate cut galvanises housing market
The number of people looking to buy a new house rose following the Bank of England's recent cut in interest rates, research showed today.
Around 16% of people said they...
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