The Latest Breaking News on Rates probably on hold but all eyes on RBA governor

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.

There are six steps to take to minimise the risk of your bill rocketing by £500 a month

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.

Lenders, brokers and property experts all see further rises this year, but hope pressure will ease in 2024

International Monetary Fund backs Bank of England on whatever tough action needed to control inflation

Bank and building society bosses appeared before the Treasury Committee on Tuesday, to explain what they are doing to support struggling customers.

The data has been described as a ‘glimmer of light’ for the Bank of England

The property market is cooling and house prices are falling from their peak - all as mortgage rates continue to rise, hitting a 15-year high today and the worst level since the aftermath of the Mini-Budget