Base Rate

Savers who want to gamble on interest rates rising can open bonds that track the Bank of England base rate.

A leading economic forecaster today said UK interest rates will have to stay at their record low of 0.5% for much longer than currently expected.

Thousands of mortgage holders are facing huge rises in their monthly repayments due to a banking error.

Mortgages where you declare your income without proof are to be banned next year, under proposals from the City regulator.

Record price-slashing by retailers in the sales season and falling petrol costs helped bring down inflation in June.

The Bank of England today announced it is holding the base rate at its 0.5% historic low for the 16th consecutive month.

The Bank of England should hike interest rates in the second half of 2010 and lift borrowing costs to 3.5% by the end of 2011 to control rising inflation, an economic report says today.

The Co-operative bank will launch the cheapest five-year fix in over a year tomorrow in a sign that longer-term mortgage deals are getting cheaper.

The Bank of England today announced it is holding the Base Rate at its 0.5% historic low for the 14th consecutive month.

Lenders have increased rates on small loans by two-and-a-half fold since the credit crunch took hold despite interest rates dropping to their lowest-ever level in that time, research by MoneySavingExpert.com reveals.