interest rate

The Bank of England is "failing its remit" to control rising inflation which could undermine demand for bonds, according to Artemis manager James Foster.

Outgoing Bank of England interest rate hawk Andrew Sentance has argued a rise in interest rates would provide a long-term cure for UK economy.

The Bank of England's Monetary Policy Committee (MPC) has remained split three ways on interest rates, minutes of its latest meeting show.

The Bank of England has again held rates at 0.5% amid signs the economic recovery is failing to gather momentum.

Weak construction data suggests the economy is still too fragile to raise rates above their record low of 0.5%.

Nationals round-up: Interest rates are on the agenda this week while clients may also be taking an interest in income protection, private banking and cars.

A number of economists predict the Monetary Policy Committee will raise interest rates in August this year, to curb rising inflation.

The Monetary Policy Committee (MPC) was again divided six-three against a rate rise earlier this month, minutes from the April meeting reveal.

M&G's bond manager Jim Leaviss has clashed with Artemis' James Foster over whether the MPC should raise interest rates.

Oil prices have jumped to a two-and-a-half-year high on fresh fears about supply and a weaker dollar.