Interest rates

Interest rates are at their highest since the Global Financial Crisis

‘Chaos’ in mortgage market as advisers grapple with Consumer Duty

Investors are now holding more cash than ever and with rising interest rates, this resurgence is not surprising.  

MPC referenced 'large and volatile moves in global financial markets'

MPC member Swati Dhingra spoke on the issue

1.4 million people will see mortgage deals end this year

UK domestic inflationary pressures had been 'firmer than expected'

UK to experience the highest interest rates since the GFC

The 0.5 percentage point increase was smaller than predicted

More than doubling today’s interest rate