Barclays emerged last night as the financial institution that borrowed £1.6bn from the Bank of England's credit facility - the second time this month that the high street bank has had to obtain emergency funding from the UK's lender of last resort, The...
The Bank of England misled the public in a bid to justify five base rate jumps in under a year, property investment firm Assetz claims.
Confirmation interest rates are likely to hit 6% before dropping has sparked angry protests across the industry.
The Bank of England today maintained interest rates at 5.75% calming, at least for the time being, fears of yet another increase.
The Bank of England has pushed interest rates up for the fourth time in under a year - by 0.25% to 5.75%.
Recent base rate jumps have yet to filter through to the UK consumer so their impact hasn't hit home, according to a bond manager.
Buy-to-let advisers will benefit from the changing interest rate environment as landlords seek to refinance their portfolios and keep them as cost effective as possible.
Lending figures published by the Building Societies Association and the British Bankers' Association have strengthened the case for hawks at the Monetary Policy Committee.
The Bank of England's Monetary Policy Committee has again voted to maintain interest rates at their current level of 4.5%.
ONE OF THE City's most respected fund management activists has warned of the potential power of the new state pension fund envisaged in Lord Turner's proposals for reforming the retirement system, reports The Guardian .