Key Financial Data

DATA Latest
Retail Prices Index (RPI) 4.2% October 2008
Retail Prices Index (RPIX)* 4.7% October 2008
Consumer Prices Index (CPI - Inflation)

 4.5% October 2008

Bank Base Rate

 3.0%# wef 06.11.2008

Record Highest Bank Base Rate 17.0% November 1979
Record Lowest Bank Base Rate** 2.0%
Halifax Standard Variable Mortgage Rate  5.0%
FTSE 100 12 month high 6,610.90
FTSE 100 12 month low 3,665.21

 

# Lowest Bank Base Rate since 13 May 1954
* RPI excluding mortgage interest rates
**Reached 16 times in the 19th century and twice in the 1930's (source: Daily Mail 31.07.2006)
52 week high point - source: Reuters
52 week low point - source: Reuters

Latest News

THE Bank of England has announced today the lowest base rate since 13 May 1954 full story...

IN a shock move the Bank of England have announced and interest rate cut of half a percent full story...

WOOLWICH, the mortgage lending subsidiary of Barclays, has announced rate cuts full story...

BORROWERS looking to remortgage to a fixed deal have been given a boost full story...

THE Bank of England Monetary Policy Commission has announced that interest full story...

COMMUNITIES Secretary Hazel Blears has announced a package of measures to help the housing full story...

THE number of houses repossessed by lenders jumped from 13,400 in the second half of 2007 full story...

INFLATION soars to 4.4% in July. The highest increase since records began full story...

THE Bank of England monetary policy committee (MPC) has left interest rates unchanged at 5 full story...

TODAY the 6th March the Bank of England's Monetory Policy committee met full story...

David Allen
 

John Pieri

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