The Latest Breaking News from Interest Rates

Bank of England says millions of homeowners will be paying up to £220 more a month by end of year

Rising interest rates haven’t slowed consumer spending enough to bring the economy into a recession so far, but it could still be on the horizon.

Rising mortgage rates are will have a severe impact on buy-to-let landlords and their tenants

Bank of England (BoE) governor Andrew Bailey has said inflation will fall “markedly” this year, as he signalled that the central bank is likely to raise interest rates once again in an attempt to reach its 2% inflation target.

It is disheartening to see how many South Africans, including parliamentarians, have forgotten the simple and influential role the Land and Agricultural Development Bank (Land Bank) played in South African agriculture.

London has retained its crown as the most sought-after location for hotel operators eyeing new openings in the UK and Ireland, but high build costs and interest rates could delay future developments according to new survey results.

The Governor has warned 'there will be consequences'

Estate agency chain Winkworth has issued a profit warning and pointed to soaring interest rates and the mortgage crisis hitting home sales.

Banks ‘could weather £125bn hit in economic downturn’ despite rising interest rates

The Bank of England has warned that households across the U.K. are facing increasing problems from the sharp increase in interest rates but says the country’s biggest banks are resilient enough to offer more help than they were able to before the global financial crisis 15 years ago

Tens of thousands of Londoners are facing annual mortgage bill hikes of more than £12,000, the Bank of England warned on Wednesday.