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Monetary Policy Committee

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This Government is concerned only with surviving

19.11.09
Is that it? That was my reaction as I stood at the back of the House of Lords with other MPs listening to the Queen's Speech... more

Petrol will hit £5 a gallon as inflation rises for the first time since February

17.11.09
Video: Surging petrol prices have pushed the rate of inflation up for the first time since February... more

UK's unexpected boost in confidence

05.08.09
News of a shock surge in confidence in the services sector and an equally unexpected rise in manufacturing hints the UK could be pulling back from recession?... more

There is a boom coming – but in China, not here

29.07.09
The first phase of the recession is coming to a close. Very soon we will have to face the really serious questions about whether and how we can recover... more

Interest rates stay at 0.5%

04.06.09
The Bank of England today left interest rates at their record low of 0.5%, and said it would maintain its £125 billion quantitative easing programme to inject cash into the economy ... more

Bank of England set to hold interest rates

07.04.09
The Bank of England looks set to hold interest rates steady this week for the first time since September, as it continues its £75 billion asset-buying programme to get the economy out of recession... more

Printing money - the modern way

05.03.09
THE BANK of England sets off for uncharted waters today, embarking on its long-awaited policy of quantitative easing or increasing the money supply... more

Rate cut brings limited relief

08.01.09
THE Monetary Policy Committee of the Bank of England has cut interest rates by half a per cent, down to an historic low of 1.5 per cent... more

Mortgage blow for homeowners

02.01.09
Britain's biggest building society has ruled out further mortgage rate cuts for thousands of struggling homeowners... more

Another 1% slashed from interest rates

04.12.08
Economy: The Bank of England slashes interest rates by another 1% as policymakers step up their battle to stave off a deep recession... more

Bank of England slashes interest rates to 2%

04.12.08
The Bank of England slashed interest rates by another 1% as policymakers stepped up their battle to stave off a deep recession... more

City experts say base rate should be cut to 1.5 per cent

03.12.08
Pressure is growing on the Bank of England to halve its base rate to an unprecedented 1.5 per cent, following more grim economic news... more

Mortgage bills will drop as 1% interest rate cut predicted

01.12.08
Mortgage bills for hundreds of thousands of London homeowners are set to be slashed again this week... more

Bank of England to cut interest rate again

19.11.08
A cut in interest rates in time for Christmas has become a virtual certainty... more

Credit card rates rise as interest rates fall

11.11.08
Banks have increased interest rates on millions of credit and debit cards even as the cost of borrowing plunged to a 53-year low, according to a report... more

This rate cut helps but it won’t solve our problems

06.11.08
Even if the banks pass on today’s shock 1.5 per cent cut to homeowners, it will take time to benefit the real economy. But it might raise morale ... more

Energy prices push up inflation

14.10.08
Inflation soared to a new record in September after gas and electricity price hikes, official figures show... more

Commentary: We must hope governments are ready for one big push

07.10.08
For goodness sake, get on with it. That is the clamour today from a City, from a public that, frankly, cannot take much more... more

We need a rate cut now, plead business chiefs

07.10.08
Business leaders and economists pleaded for an immediate half point cut in interest rates to stave off a recession... more

Interest rates stay on hold

04.09.08
The Bank of England has delivered another blow to homeowners by keeping interest rates on hold again... more

House sales fall by half

10.07.08
London homeowners have been dealt a devastating triple whammy of bad news as confidence in the housing market continues to crumble... more

Bank raises spectre of rate increase

18.06.08
The Bank of England considered raising interest rates this month in a bid to control runaway inflation... more

Paying the price for a boom built on debt

11.04.08
Even after an interest rate cut yesterday, some banks put up their mortgage rates. The MPC and the Government need to take far more drastic action... more

Era of cheap mortgages over says City watchdog

27.02.08
Millions of homeowners have been warned they face higher mortgage bills amid predictions the cheap credit era is over... more

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