interest rate

Members of the Monetary Policy Committee voted unanimously for the 0.25% hike in interest rates to 4.5% earlier this month, minutes from the Bank of England show.

ONE OF THE executives at the centre of the Equitable Life scandal appears to have struck a deal with the FSA and escaped a lifetime ban from the City, suggests this morning's Daily Telegraph .

The latest lending figures from the Bank of England suggest the Monetary Policy Committee will simply be discussing the size of the interest rate rise rather than whether to impose one at all when it meets later this week.

The Bank of England has left its main interest rate at 4% today, avoiding another raise despite continued evidence of a hot housing market.

The Bank of England today announced another hike in interest rates on concerns UK's strengthened economy could trigger inflation.