The Latest Breaking News from Interest Rates

There was a widening bipartisan sense that fiscal deficits don't really matter. Now, they do again.

Over the past year, interest rates have been rising rapidly around the world. The post-COVID economic recovery and Russia’s invasion of Ukraine caused inflation to reach 10% or more in many countries. Central banks in the US, UK and Europe have fought back by raising interest rates in an attempt…

This week, our columnist Graeme Nichols from West End Mortgages, discusses the latest mortgage increases and what it means for you.

Federal Reserve Chair Jerome Powell signaled policymakers could potentially raise interest rates in July and September to curb persistent price pressures and cool a surprisingly resilient U.S. labor market.

UK house price growth is slowing. While prices rose 1.2% in June compared to last year, this is down on May’s 1.9% growth, according to property website Zoopla. Its house price index – which forecasts a 5% fall in house prices this year – also shows that 42% of sellers…

Interest rates have skyrocketed in recent weeks, with the average two-year fixed deal hitting 6.3% today

Firms have loaded up debt to pay dividends and been fined millions for dumping raw sewage into rivers

In a fraught PMQs, Keir Starmer claimed the PM's body language and answers showed he had 'given up' and asked how many will lose their homes as interest rates soar before the Government helps them

Lenders have agreed to be more flexible towards struggling mortgage borrowers amid concerns about rising interest rates.