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Interest rates hiked to 5.5%

Home  May, 2007

Interest rates hiked 5.5% - The Bank of England has raised cost of borrowing its highest level since early 2001>> Has your savings rate risen? >> Has your mortgage rate risen? House price leap raises rate pressure - The influential Halifax index today showed that house prices are still growing annually at almost 11% as shortgage of properties for sale persists



Interest rates hiked to 5.5%  [05/10/2007 01:17 PM]
The Bank of England has raised the cost of borrowing to its highest level since early 2001>> Has your savings rate risen? >> Has your mortgage rate risen?
House price leap raises rate pressure  [05/10/2007 01:17 PM]
The influential Halifax index today showed that house prices are still growing annually at almost 11% as a shortgage of properties for sale persists
Market report: Thursday latest  [05/10/2007 01:17 PM]
11.30:Harry hedge fund and his mates were suffering from burnt fingers today after embarking on a disastrous spending spree in shares of mining giant Rio Tinto
How long will savers have to wait?  [05/10/2007 01:17 PM]
It will be June before many savers see the benefits of today's decision to raise interest rates, and some may get nothing at all
MPs in attack on water profits  [05/10/2007 01:17 PM]
MPs have condemned the water industry regulator Ofwat as 'limp' and 'lacklustre' for allowing firms to fail customers despite a massive hike in charges
EasyJet flies into a 'green cloud'  [05/10/2007 01:17 PM]
EasyJet has become the first UK airline to admit that environmental concerns may be hitting business
Virgin counts cost of Sky spat  [05/10/2007 01:17 PM]
Virgin Media is preparing to lose thousands of cable TV customers as it starts to suffer the loss of Sky's basic channels
Pay index shows living standards squeezed  [05/10/2007 01:17 PM]
Slackening pay growth and a jump in inflation has squeezed household disposable income and driven living standards down, figures indicated today
Tax credits fiasco cost £6bn  [05/10/2007 01:17 PM]
Millions of families face hardship after bureaucrats wrongly paid out nearly £6bn in tax credits
Ryanair clarifies flight pricing  [05/10/2007 01:17 PM]
Budget airline Ryanair announced today that all its website fares will now be quoted inclusive of taxes
One in ten fiddle insurance claims  [05/10/2007 01:17 PM]
Dishonest customers scam insurers out of more than £4m every day, according to new research which says one in ten have fiddled a claim
Thousands of pensions mis-sold  [05/10/2007 01:17 PM]
A major investigation has found that many people who were advised to contract out of the State Second Pension may have been victims of mis-selling
Energy tax on buy-to-let landlords  [05/10/2007 01:17 PM]
Buy-to-let landlords will have to pay more than £100 for an energy performance certificate for their properties from October
96 minutes to choose a home  [05/10/2007 01:17 PM]
Half of all homebuyers find unexpected problems because they have spent too little time checking the property, says a survey
Motorists face tax on stolen cars  [05/10/2007 01:17 PM]
Millions of motorists will have to pay higher insurance premiums after the Government increased the 'tax' on recovering stolen and broken-down cars to £150
Home grants restored for wind turbines  [05/10/2007 01:17 PM]
Thousands of homeowners are to be offered grants of up to £2,500 to install wind turbines and solar panels
Expert views: Interest rates  [05/10/2007 01:17 PM]
Analysis: Economists say a bank rate rise to 5.5% in May is a done deal, but some are pencilling in an increase to 5.75%. Read the latest views
Google voted UK's favourite brand  [05/10/2007 01:17 PM]
Google is the UK's favourite brand while Pot Noodle is the 'most hated', according to a new poll out today.
Tap-and-go cards on the way  [05/10/2007 01:17 PM]
Digging out loose change for small purchases may become a distant memory with banks preparing to launch 'tap-and-go' credit and debit cards
Standard Life in Sipps boom  [05/10/2007 01:17 PM]
Rich people preparing for retirement are causing a sales boom at Standard Life, as sales of self-invested personal pensions soared 117%
Virgin's faltering challenge  [05/10/2007 01:17 PM]
Newly minted Virgin Media intended to hit the ground running but judging from the first quarter results, it's having difficulty gaining traction
30 second guide toCommunications with the market  [05/10/2007 01:17 PM]
The Daily Mails City team examine the ways that central banks give hints to the markets about interest rate movements
Midas: City keeps eye on WSP  [05/10/2007 01:17 PM]
Consultancy group WSP helps companies and government bodies in three distinct spheres - property, transport and the environment.