Interest Rates

Latest Stories

Number of houses bought and sold in Jersey drops to record low

Rising interest rates have been compounded by high property prices, with the average home in Jersey costing more than twice as much as the UK.

16 Nov

Bank holds rates at 5.25% but warns it's 'much too early to consider cuts'

The Bank of England has kept the cost of borrowing at 5.25% and suggested that rates are currently more likely to move up rather than down.

2 Nov

A general view of Canary Wharf, London.

UK set for weakest growth in G7 next year as rates remain higher for longer

The IMF has blamed the UK's 'divergence' from other G7 nations on 'tighter monetary policies to curb still-high inflation' for its economic forecasts.

10 Oct

Bank of England leaves interest rates unchanged at 5.25%

Bank hits the brakes but warns 'there's no room for complacency'

Should you lock into a fixed-rate account? Martin Lewis issues 'urgent warning'

John Lewis boss warns hiking interest rates again would be a 'mistake'

Bank of England governor backs regulator plan to ensure ‘fairness’ for savers

Lloyds sees profits surge but sets aside £662 million to cover unpaid loans

Fears more interest rate rises ahead as new inflation data due

When to fix a mortgage - and how to deal with rent hikes

Fixed mortgage rate soars to 6.66% in highest figure in 15 years

Financial watchdog calls in bank chiefs for savings rates grilling

Banks to offer flexibility over mortgage inflation fears

Bank hikes interest rates again - and there may be more to come