Tag: Bank of England
Bank of England blamed for new risk of home loan rate rises
So-called “Sonia swap rates”, which set the benchmark for lending between financial institutions, have risen slightly over the past week. …
POLL: Should Andrew Bailey resign from BoE as interest rates remain high? Vote now
The Bank of England has announced interest rates will hold at five percent, much to the dismay of UK homeowners. But should Andrew Bailey resign? Vote now. …
Bank of England to make interest rates decision on Thursday – here’s what’s set to happen
The latest figures out this morning were a more sedate affair. The headline rate remained at 2.2 per cent, exactly in line with expectations. …
Hope for Bank of England rate cut dashed by soaring air fares
The headline inflation rate was unchanged at 2.2 percent in August, but core inflation – stripping out energy, food, alcohol and tobacco – rose to 3.6 percent. …
More than 600,000 to see cuts of £341 a year on tracker rate mortgages within days
Major banks have given the exact dates that customers with tracker mortgages will see their repayments reduce …
Homebuyers ‘paying £470 a month too much’ due to ‘rip-off’ standard variable rate loans
The rates on these deals are way ahead of home loans that track the Bank of England base rate or the cheapest fixed rate deals. …
Fears Bank of England may delay interest rate cuts as UK economy ‘roars back’
Evidence of strong growth in the economy may give experts on the Bank of England reason to hold back further cuts in interest rates, it is claimed. …
Bank of England interest rate cuts warning after inflation rise disappointment
Finance experts say the news could hit home buyers in the pocket by slowing cuts in mortgage rates. …
Savers urged to grab inflation-beating rates before returns are slashed by £100s
Finance industry experts warn that best paying deals are likely to be removed in the coming days. …
