The Latest Breaking News from Interest Rates

The Bank of England is set to raise interest rates for the 14th time in a row to a fresh 15-year high and keep the door open for further increases as it tries to tamp down persistently high inflation

Investors await results as higher interest rates and declining transaction revenues impact performance.

Over the past decade, the super-rich and large corporations have been able to borrow at record low interest rates. This influx of easy money has shored up markets for yacht-backed-loans and securities, dividends, share buy-backs, and merger and acquisition deals.

His comments came as the Bank of England prepared to hike interest rates to the highest level since February 2008

Despite macroeconomic uncertainties, the P&C insurance industry remained resilient and is poised for continued growth, driven by stable demand and rapid adoption of emerging technologies. Moreover, the sector benefits significantly from higher interest rates. So, let’s compare prominent insurance stocks Berkshire Hathaway (BRK.B) and Fairfax Financial (FRFH) to determine a…

Builder Taylor Wimpey says Bank of England stance has weakened housing market

Global stock markets tumble after Fitch downgrade; US ADP jobs report much stronger than expected

The City braces for a hike of at least a quarter-point, taking base rates to their highest since 2008

Unions say widespread job losses in recent months have left UK ‘teetering on the brink of recession’