Unanimous approval for rate cut
09.51 Wed Oct 22 2008
Members of the Bank of England's Monetary Policy Committee (MPC) unanimously voted in favour of the emergency 0.5 per cent rate cut.
Further credit squeeze over coming months
10.14 Thu Oct 02 2008
Banks and building societies will cut lending further to households and businesses in the coming three months, the Bank of England says.
Mortgage rates resume upward path
14.11 Fri Sep 19 2008
Mortgage rates have resumed their upward path with one lender hiking the cost of its deals by up to 1.6 per cent.
MPC mulls interest rate move
14.17 Wed Sep 03 2008
The Bank of England's nine-strong Monetary Policy Committee (MPC) is holding two days of talks on interest rates as recession looms.
Services sector shrinks for fourth month
10.49 Wed Sep 03 2008
The UK's powerhouse services sector, which spans cafes to telecoms, contracted for the fourth month in a row during August.
Interest rate held at 5 %
14.34 Thu Aug 07 2008
The Bank of England has fixed the interest rate at 5 per cent for the fourth month in a row.
Interest rates decision due
03.47 Thu Aug 07 2008
The Bank of England's interest rates decision is due this lunchtime.
Mortgage misery as rates rise to 5.75%
14.44 Thu Jul 05 2007
Homeowners have been hit with a quarter point interest rate hike to 5.75 per cent, the highest seen since March 2001.
Bank keeps rates on hold
11.59 Thu Jun 07 2007
Interest rates have been kept on hold, giving borrowers some welcome breathing space after last month's quarter point rise.
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