Fed chief says US rates will go up
The US Federal Reserve is still planning to raise interest rates gradually but is fully prepared to tighten policy more aggressively if necessary, Alan Greenspan said yes...
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House prices rocketing despite recent rate rise
Property prices continued to soar in May, rising 2.2% and taking the price of the average UK house to ?157,849.
According to the monthly house price index published by ...
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US rates set to rise as job numbers grow
Another 284,000 jobs were created by the US economy in May as signs that the country's "jobless recovery" was over grew, Labour Department statistics showed today.
The n...
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Truancy rates still rising, says leaked report
The number of pupils "bunking off" school has increased despite a range of efforts by ministers to get them back into classes.
More pupils say they have truanted, despit...
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Fixed but fluid: one way to cash in on rising rates
Fixed-rate, set-term savings accounts pay more than variable-rate instant-access accounts. But at a time when interest rates are expected to go up, many savers are worrie...
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Growth stalls but rates still expected to rise
The City was left disappointed yesterday as economic growth figures for the first quarter were not revised higher, but economists still believe interest rates will rise i...
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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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