The Latest Breaking News from Interest Rates

Jobs market growth has remained robust despite rising interest rates and fears of a recession, but how long it can maintain trajectory is unknown

Amid the stock market's obsession over inflation and interest rates, investors may be asking themselves, “What about profits?” After all, the market is supposed to reflect corporate profit expectations, not just economic statistics.

Sir Keir Starmer said Liz Truss had “taken the economy” and “driven it into a wall” after the Prime Minister’s suggestion that Labour was part of an “anti-growth coalition”. The Labour leader branded Ms Truss the “destroyer of growth” as he baulked at the Prime Minister’s claim, adding mortgages were…

Warnings of inflation and rising interest rates have long been tied to high and rising debt levels.

Official explains how promise to buy up to £65bn of government debt staved off destructive UK financial spiral

Borrowing costs at their highest level in 14 years

New analysis shows hundreds of pounds will be added to payments as Labour tells government to reverse plans

The economic rebound, a revival of purchasing power and unchanged housing prices will drive residential market growth in the fourth quarter amid inflation and rising interest rates, according to property developers.

Retail analyst warns that inflation, rising interest rates and hybrid working is impacting on people's shopping habits