The Bank of England today raised its base rate by 50 basis points from 1.25% to 1.75%.

The Bank of England has today pushed up its base rate by 25 basis points from 1% to 1.25% as it struggles to tackle inflation.

Former head of the Financial Conduct Authority (FCA) Andrew Bailey has defended the delay to banning contingent charging.

The Bank of England has today increased its base rate by 25 basis points from 0.75% to 1%.