Interest Rates news


‘Base rate needs gentle boost’

OUTGOING Bank of England Monetary Policy Committee member Andrew Sentance has told a Guernsey audience why he believes a rise in interest rates is needed.


Interest rate cuts of no help to first-time buyers

INTEREST rate cuts are good news for people who already have mortgages but bad news for potential first-time buyers, according to broker Conor Burke, pictured.


Borrowers wait to gain from cut

HOMEOWNERS are today waiting to see if and when a huge cut in the interest rate will be passed on to borrowers.


Advice is available for those with big debts

NO MATTER how much a person’s personal debt escalates to, it is never too late to go to the Citizens Advice Bureau, according to its manager.


Rate cut is not a certainty

GUERNSEY businesses' outlook on the economy has encouraged one of the people responsible for setting the UK interest rate.


Buyers in a fix as rates go up again

HOMEOWNERS face a difficult 2007 as interest rate increases start to bite.



City man says rate rise is more blip than trend

THE rise in interest rates should be only temporary.

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