interest rates

Bank of England governor Mark Carney to step down as hunt for replacement begins

The Chancellor of the Exchequer Philip Hammond has announced that the search for a new governor has begun.

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How the UK stock market doubled in value…without even moving

Albert Einstein once said: “Compound interest is the eighth wonder of the world. He who understands it earns it… he who doesn’t pays it.”

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Where should savers put their money to benefit from the rising interest rate?

The Bank of England has raised interest rates twice in the past 12 months – news that should be music to the ears of beleaguered savers.

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Mortgage fees hit a five-year high as lenders lure in customers with cheap rates and sting them with extra costs

Lenders have been cutting mortgage rates to appear competitive and attract homeowners who are remortgaging following the Bank of England base rate rise in August.

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A guide to peer-to-peer lending

Income-seeking investors have been drawn to peer-to-peer lending on account of the attractive returns on offer. Here’s everything you need to know about this growing sector

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Do you remember the days when the Bank of England interest rate was double digits?

Can you remember when the Bank of England interest rate was in double figures?

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Savers 'clobbered' as inflation rises to 2.5%

Inflation increased to 2.5% in July, representing the first increase so far in 2018.

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Interest rate rise: borrowers facing higher mortgage bills urged to fix

Households that are still on standard variable rate mortgages (SVRs) are being urged by brokers to consider switching.

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Bank of England increases interest rate to 0.75% for first time since 2009

The Bank of England has hiked interest rates to their highest level since March 2009.

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Savings update: June's best rates

With interest rates slowly back on the rise, here are some of the best savings and Cash Isa accounts on offer in June 2018.

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