Rate rise fails to restrain house prices
House prices rose by 1.9% in May, figures revealed today, with higher interest rates failing to deter buyers from moving into the property market.
According to the Natio...
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MPC pondered its first half-point rate rise
The Bank of England revealed yesterday it considered raising the cost of borrowing by half a percentage point this month.
The minutes of the monetary policy committee's...
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Bank tipped to raise rates again
The Bank of England's monetary policy committee voted unanimously to raise interest rates by a quarter point to 4.25% earlier this month but also discussed a half-point i...
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Bank warns of further rate rises
Labour may be forced to fight the next general election against a backdrop of higher interest rates, rising inflation and a rapidly cooling housing market, the Bank of En...
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Rate and oil fears spook markets
Share prices fell sharply around the world yesterday as the prospect of higher US interest rates and fears of the effects of $40-a-barrel oil prices sent shock waves thro...
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King prepares to face music on rates
Mervyn King, governor of the Bank of England, may have more on his mind today than how Aston Villa, of which he is an ardent fan, got on at the weekend. He is facing a qu...
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World markets fall amid fears of US rate rise
Leading US shares dipped below 10,000 today for the first time since December as world markets fell sharply on fears of an early rise in US interest rates.
In lunchtime ...
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Ripples in the rates - but there's still juice in the tank
The Dow opened last Monday morning at 10461 and at the time of writing last Friday morning it stood at 10429. If, as an observer, you had not been in touch with the marke...
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Interest rates must rise, says Fed chief
Federal Reserve chairman Alan Greenspan yesterday moved to prepare the ground for a rise in US interest rates from their half-century low of 1% as soon as this summer.
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Bank was sure on pegging rates
Only one of the nine members of the Bank of England's monetary policy committee (MPC) voted to increase interest rates at the committee's last meeting, on April 8.
The...
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Engineering 
