Bank of Japan prepares to raise interest rates after five years at near-zero
Japan's central bank yesterday paved the way for an interest-rate rise after having kept rates in effect at zero for nearly five years. The Bank of Japan decided to end i...
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Bank holds rates steady for seventh month
The Bank of England today held interest rates at 4.5% for the seventh month running, after a rise in house prices and other signs of economic strength.
There was encoura...
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Store cards to carry rate warning
Consumers who take out store cards are losing at least £55m a year thanks to uncompetitive interest rates, the competition watchdog said today.
A two-year investiga...
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Cash fears lead to fall in divorce rates
From Prince Charles to Bill Clinton, there have always been husbands and fathers who were tempted to stray. Now, however, men are turning away from affairs because they f...
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Long-term savers lose out on interest rates
Savers who have held their money in the same account for some time should look at moving their cash as the rates on offer are often much lower than those on new accounts ...
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Fear of property boom kept interest rate on hold
Fears that lower interest rates would stoke a fresh boom in the property market helped keep borrowing costs on hold at 4.5% this month, the Bank of England revealed yeste...
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Bank voted 8-1 to hold interest rates
Bank of England minutes today showed that, for the third month in a row, only one Bank policymaker voted to lower interest rates.
Stephen Nickell again emerged as the lo...
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Car mechanics overtake barristers' hourly rate
Visiting a garage can prove costlier than you think, according to new research today which reveals that the average car mechanic often charges more an hour than a doctor ...
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Drop in inflation increases chances of rate cut
The prospects for a cut in interest rates were boosted yesterday by figures showing that inflation had unexpectedly fallen below the Bank of England's target rate last mo...
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Rates must fall soon, so take out a tracker
Interest rates might not have fallen last week, but Cash is reliably informed that four out of nine members of the Bank of England Monetary Policy Committee voted in favo...
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