inflation

Slowing housing market points to UK recession

The UK now faces a 35% chance of a recession as the housing market continues to slow and consumer confidence continues to diminish.

Read more »

Interest rate cuts unlikely as inflation rises

Interest rate cuts could be out of the window after figures revealed inflation climbed to 2.5% in February.

Read more »

Bank of England votes no to interest rate cut

The Bank of England has voted to keep interest rates at 5.25% in a bid to offset the anticipated surge in inflation.

Read more »

More shocks to come for economy

The global economy is currently in the midst of the worst financial and banking crisis ever seen in peacetime and there are even more shocks to come.

Read more »

Borrowers being pushed onto fixed rate mortgages

Mortgage borrowers are being pushed onto fixed rate products by the big banks despite another interest rate cut forecast in the coming months.

Read more »

Mortgage drought spells more woe for buyers

Borrowers struggling to get a mortgage should not expect things to improve anytime soon, despite figures showing mortgage lending increased during January.

Read more »

How will the interest rate cut affect you?

The Bank of England has voted to cut interest rates to 5.25% this month following concerns about the health of the housing market.

Read more »

February rate cut needed to support housing market

The UK's largest mortgage lender has warned than an interest rate cut is needed to prevent house prices from falling in 2008.

Read more »

Interest rates could be frozen in February

The head of the Bank of England has warned that further interest ratecuts are not a given because of fears that inflation may rise beyond 3%.

Read more »

FTSE 100 makes record leap

The FTSE 100 closed 266.5 points up at 5875.80 on Thursday night, the largest rise ever recorded in a single day.

Read more »