Bank of England

Morning View

Editorial: Ultra low interest rates have been damaging for NI as for rest of UK

The Bank of England has made a new announcement on the interest rate. (Credit: Aaron Chown/PA Wire)

Bank of England announces that interest rate will remain at 5.25%

Cathal Geoghegan, president, Northern Ireland Chamber of Commerce and Industry (NI Chamber)

View: Opportunity exists and stability in all things.. is the key

Morning View

Editorial: A generation has never known the ravages of inflation

The Bank of England has announced a new interest base rate after an unexpected drop in inflation. (Credit: Getty Images)

Bank of England announces interest rates will remain at 5.25%

Top tips to make the most of rising interest rates

Letters to editor

Letter: No control over your destiny if you don't control nation's monetary base

Surging house prices and pension values have largely benefited older generations with many young people locked out of home ownership altogether, according to the Resolution Foundation.

House prices could fall by 25% in ‘new normal’ for homeowners

The Bank of England trumpets its progressiveness, referring to ‘birthing parent’ rather than mother, boasts of unisex lavatories, covers medical treatment for sex change and is setting targets for LGBT (lesbian, gay, bi-sexual and trans) recruits

Ruth Dudley Edwards: This TERF is proud to be an ally of the sane voices

Morning View

Editorial: Refusal to take past pain is behind interest rate rise

A mass march to Parliament in 1971 as part of a Day of Action against government pay policy

UK 'is now nearing a 1970s price spiral' says Ulster University economist

A commuter walks through heavy rain near the Bank of England, London.

Bank of England increases interest rates for 13th time in a row

The 0.5 percentage point increase was the sharpest increase since February

Mortgage crisis to deepen as Bank unexpectedly hikes interest rates to 5%

Homeowners on variable rate mortgages linked to the base rate would see an increase in their payments.

Rise in mortgage rates on Thursday looks inescapable, say experts

Mortgage concerns over interest rates

More 'mortgage misery' for homeowners as interest rates look set to rise again

Interest rates are set to rise again

Millions of homeowners issued warning as mortgages set to rise again
Millions of homeowners are being issued with a warning as mortgages are set to rise again with Britain’s cost of borrowing soaring

A Martin Lewis fan revealed how they are to be £2,330 better off after acting on the consumer champion’s advice and making just one phone call.

Martin Lewis fan shares how one phone call made her £2,330 better off

Some bank notes are no longer legal tender, as well as old-style £1 coins - but don’t worry, as you can still exchange them at these banks and other places.

Banks that will still exchange old £1 coins as well as £10 & £20 notes

Bank of England impose another interest rate hike

Governor of the Bank of England Andrew Bailey Bank of England, in London, on February 2, 2023. - The Bank of England on Thursday hiked its interest rate for a tenth time in a row as global authorities race to combat sky-high inflation. The central bank's Monetary Policy Commitee voted at a regular meeting to lift its key interest rate by a half-point to 4.0 percent, the highest level since late 2008. (Photo by Yui Mok / POOL / AFP) (Photo by YUI MOK/POOL/AFP via Getty Images)

Bank of England lifts interest rates again as food prices stay higher for longer

In February, when the last report was produced, the Bank said it expects interest rates to fall sharply over the rest of the year

Interest rate rise expected as inflation still high

The cost of a two-year fixed-rate mortgage in the UK rose above 6 per cent on Monday.

Mortgage rate increase: The help available if you can’t pay

There are 10 major money changes coming up which could all affect your finances in May.

10 major money changes to be aware of in May

King Charles III (Photo by Jonathan Brady - WPA Pool/Getty Images)

New banknotes with image of King Charles not ready for circulation

UK interest rates since 2007 as set by the Bank of England.

NI economist backs Bank of England interest rate hike

circa 1940: American President Franklin Delano Roosevelt (1882 - 1945) at his desk. (Photo by Hulton Archive/Getty Images)

American banks re-open after recent financial crisis (1933)

Andrew Bailey, Governor of the Bank of England.

Bank of England governor's plea on prices as he warns of inflation danger
The Governor of the Bank of England has pleaded with companies to remember that inflation will drop sharply later this year when they are setting prices or risk hurting those on the lowest incomes.

Interest rates will go up for the 11th consecutive time as the Bank of England is set to confirm an increase of 0.25% - Credit: Adobe

Bank of England to raise interest rates in bad news for mortgages

Interest rates could be about to rise further

Interest rates: Surprise jump in inflation 'wipes out flexibility' on rates rise

HSBC has bought the embattled UK arm of Silicon Valley Bank (SVB UK) for as little as £1, securing the deposits of more than 3,000 customers worth £6.7 billion.

HSBC buys Silicon Valley Bank UK

Possible interest rates rise 'not decided yet'

Interest rates may need to rise but nothing is decided yet says bank boss

Awoman holding a shopping basket.

Food prices unlikely to fall any time soon even as inflation eases, says Poots

The UK economy has avoided a recession

UK economy avoids recession in second half of 2022

Latest Ulster University research, Quarterly House Price Index, shows no change in NI house prices despite slowing market activity

Interest rates and living costs have detrimental impact on house market activity

A digital pound could be introduced this decade

Digital pound could come this decade say Treasury and Bank of England

Cash

Another interest rate rise ahead but ‘squeeze’ could then ‘stabilise’

The Bank of England, which raised interest rates to 4%, had to follow suit after US rates also increased this week to 4.75%

Esmond Birnie: Painful rise in interest rates is needed to constrain inflation

Interest rates have increased to 4%

Bank of England raises interest rates to 4% amid cost of living crisis

Vicky Davies, CEO of Danske Bank UK said she is 'pleased to announce a strong set of financial results for 2022, with a profit before tax of £103.3 million'

Danske Bank pre-tax profits jump by 61% to £103.3m

The Bank of England

Rates hike ahead but things could have been a lot worse

The new £20 note featuring a portrait of King Charles III which will enter circulation by mid-2024.

Designs for new King Charles III banknote are unveiled

The Bank of England has raised interest rates to 3.5% from 3%, the highest for more than 14 years.

Interest rate hike will combat ‘reckless wage spiral' by unions and business

Gareth Hetherington - Economic Policy Centre (UUEPC)

Interest rates 'could be close to their peak'

The Bank of England.

Bank of England predicted to hike interest rates further to 3.5% in coming week

Autumn Statement 2022: What time is Jeremy Hunt’s budget and how to watch it live online and TV

How to watch Jeremy Hunt’s Autumn Statement

Surging energy bills as inflation hits 41-year high and Budget looms

Kwasi Kwarteng refused to apologise for the impact of the mini-budget on the people.

Kwasi Kwarteng says he warned Liz Truss of her downfall

New research released today from Ulster University shows house sales across NI have fallen by almost one fifth (18%) this quarter, all but confirming slowing momentum within the housing market

NI house sales fall by almost a fifth, reveals latest report

Bank of England warns UK will fall into longest recession in history unless it ‘acts forcefully now’

Bank of England warns UK could fall into longest recession in history

Morning View

Morning View: Rate rise always likely as age of cheap debt ends

UUP MLA Mike Nesbitt

DUP and UUP clash over Stormont return after ‘grim’ economic news

The Bank of England has announced an interest rate rise

Cost of Living: Bank of England hikes interest rates to highest for 14 years

File photo dated 27/07/21 of a view of houses

Continued interest rate hikes could see people in NI lose homes, warns economist

Vicky Davies, CEO of Danske Bank UK

NI's Danske Bank pre-tax profits up to almost £80m

New chairman of Northern Bank Ltd (Danske Bank UK) Martin Stewart with Danske Bank UK chief executive officer Vicky Davies

Danske Bank UK appoints new NI chairman