The interest rate cut implemented by the Bank of England will bring “exclamations of joy” from people on tracker mortgages, it has been claimed. Ray Boulger of mortgage advice firm John Charcol said the move means that many borrowers will…

A further interest rate reduction has been announced by the Bank of England, something that may affect people looking to handle their debt management. At its monthly meeting, the Bank’s monetary policy committee voted to implement a 50 basis point…

Net lending to individuals slowed at the beginning of 2009, new data has shown. Figures from the Bank of England have revealed that the increase in net lending in January was lower than that seen in December, while the 12-month…

The recent base rate cuts announced by the Bank of England have helped to lower the cost of borrowing, yet their effects on the wider economy are yet to be seen, it has been claimed. Lloyds TSB economist Trevor Williams…

Several economists questioned in a new survey have forecast that the Bank of England will announce a further base rate reduction next week, something that could help borrowers with their debt management. In a poll carried out by Adfero, nine…

The government’s bailout of banks to save them from collapse was a “no-brainer” as it was necessary to buoy the economy, it has been argued. However, it will lead to Britons paying the price in the form of increasing taxes,…

Members of the public have lost faith in the UK’s banks, research from a consumer body has discovered. A study carried out by Which? found that 37 per cent of those questioned do not feel banks can be trusted to…

Inflation fell further in January, newly-released figures from the Office for National Statistics have shown. During the month consumer prices index (CPI) annual inflation slowed to three per cent, which was a 0.1 per cent drop from December’s level. And…