All news on the topic: Interest rates

According to data collected by TotallyMoney, households are on average forking out an extra £593 on mortgage costs each month when compared to December 2021

The warning comes as part of a clampdown from the UK's financial watchdog on banks offering low savings rates to customers despite the Bank of England's rate rises

Carlisle has long been a tempting place to re-locate due to its stunning scenery and cheap house rates – the city in Cumbria has homes averaging at £167,976 as property prices decrease by an average of more than £5000

Consumer group warns that many people have borrowed money to maintain basic living standards rather than limit food and energy

The Mirror rounds up all the key money dates and changes coming up in August, including the next interest rates and inflation announcements and huge changes to benefits

It comes after inflation fell by more than expected - dipping to 7.9% in the 12 months to June after spending two months previously stuck at 8.7%

Labour's Shadow Chancellor Rachel Reeves said hundreds of thousands of families are 'grappling with the Tory mortgage bombshell" as budgets are squeezed by hikes in interest rates

Despite claiming to understand the “challenges” families are facing with skyrocketing mortgage payments, this newspaper can reveal he does not have a mortgage on any of his multi-million pound UK properties

The Office for National Statistics estimated the amount of goods bought from retailers in June was up by 0.7% on May – better than the 0.2% expected

Saving rates have been steadily rising over the last year - but if you’re a 20% taxpayer, you can only earn £1,000 in interest each tax year without paying tax

We’ve had years of Tories talking tough yet the murder of her son by two 17-year-olds is another tragedy highlighting the absence of effective action to save the innocent

So-called core inflation, which strips out volatile elements such as fuel and food and is closely watched by the Bank of England, eased from 7.1% to 6.9%

Consumer Prices Index (CPI) inflation dropped by more than expected in the 12 months to June - falling from 8.7% to 7.9% - but it comes after mortgage costs have already rocketed

City analysts had predicted the Consumer Price Index (CPI) rate of inflation would be 8.2% - meaning the drop is better than hoped, and the lowest since March 2022

Citizens Advice has warned 'negative budgets' could become a "generational problem" without government action and admits it is increasingly unable to help those in need

A new heatmap created by Phoenix Group shows just how well different UK regions are preparing for retirement and looks to get people talking more

Businessman John Mills has written a pamphlet outlining how he believes the economy can be rebooted - and it includes chasing a growth target rather than an inflation goal

The Resolution Foundation think tank believe soaring interest rates have ended the property boom - the biggest fall in wealth since the Second World War

Rising interest rates are a double attack on living standards in Britain as Sunak misses targets he set himself on the economy, NHS and Channel boats.

Labour’s analysis of government figures found rocketing interest rates are now likely to require three times the £30,000 figure people had to save just a year ago

As ministers prepare to jet off on extended summer holidays this week, the Chancellor is being urged to scrap the increase in duty on spirits on 1 August, and will add as much as 10p to the price of a G&T

More that two million mortgage holderswill have to pay up to £499 more, and half a million will see their repayments increase by £500 to £749 due to soaring interest rates

The exchange came after Labour's Deputy Leader Angela Rayner used PMQs to attack the government over the 'Tory mortgage bombshell'

The property market is cooling and house prices are falling from their peak - all as mortgage rates continue to rise, hitting a 15-year high today and the worst level since the aftermath of the Mini-Budget

Experts predict the Bank of England will increase its base rate to the highest level since December 2017 in August as figures showed a joint record rise in wages