interest rate

Two-thirds of UK fund managers believe interest rates will rise before the second half of 2015, despite the more cautious tone set most recently by Bank of England Governor Mark Carney, a study has found.

Bank of England Governor Mark Carney has said the 'new normal' for interest rates in the UK will be around 2.5%, a level he predicted they may reach by 2017.

A hike in the base rate of as little as 0.25% would have a much greater impact on the disposable incomes of highly indebted consumers, potentially threatening the UK's recovery, Neil Woodford has said.

Ignis Asset Management chief executive Chris Samuel is to exit the business next week when the takeover by Standard Life Investments completes, Investment Week understands.

Sterling has fallen back below $1.70 after Bank of England Governor Mark Carney sounded a more dovish tone on base rate rises.

Investors may see UK interest rates rise earlier than the 2015 date priced in by the markets, the Bank of England governor Mark Carney and the MPC have warned, but some economies have to cope with much higher rates.

The International Monetary Fund has urged the US Federal Reserve to keep interest rates lower for longer after downgrading its forecast for the country's growth rate.

Chancellor George Osborne plans to allow the Bank of England to implement new measures to control accelerating house prices in the UK, as the property market shows signs of overheating.

The governor of the Bank of England has told the UK to prepare for a potential rise in interest rates this year.

Invesco Perpetual's co-head of fixed interest Paul Read has said he expects the UK's base rate to rise in the first quarter of next year, in contrast to the forecast of his former colleague Neil Woodford.