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Pressure on Gordon Brown over housing market

According to recent reports the Prime Minister, Gordon Brown, has been under increasing pressure over the past few days to follow the example of the United States is devising some sort of bailout plan...

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Prime minister says still room for rate cuts

The base rate in the UK has fallen dramatically over the course of the last year, with the rate falling from 5.75% to 3%, with a recent huge interest rate cut of 1.5% this month alone. The Prime...

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Lenders say they will pass on base rate cut

Following the recent 1.5% base rate cut, and in response to calls from the Prime Minister, Gordon Brown, a number o major lenders in the UK have said that they will be passing on the full 1.5% rate cut...

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