interest rate

The Bank of England will raise interest rates from their historically low levels in May, the British Chambers of Commerce (BCC) predicts.

Bank of England deputy governor Charlie Bean has defended MPC policy in the face of persistently high inflation, warning the economy could be on the verge of a "durable slowing".

Oil prices should fall back in the near term provided unrest is contained within Libya, says Schroders' CIO Alan Brown.

MPC SHOULD NOT RAISE RATES

The manager of Henderson's £795m European Growth fund urges investors to stay put in Europe despite Middle East troubles and surging inflation.

M&G's bond vigilante Matthew Russell explains why inflation expectations should not influence the increasingly hawkish MPC on rate rises.

Fidelity is changing the investment parameters of its £182m Fidelity Global Inflation Linked Bond fund, allowing manager Andy Weir to reduce average duration.

Inflation will stay "stubbornly high" this year, pressuring the Bank of England to up interest rates from the second quarter, according to the Confederation of British Industry.

China has raised interest rates for the third time in four months in an attempt to cool inflation.

Sterling rose to a fresh three-month high versus the dollar this morning after UK services data came in above expectations.