UK Mortgages rates and deals

Israeli troops backed by helicopters advanced into Gaza, a Palestinian witness and the Israeli army said, in the first ground action of an eight-day offensive against Hamas in the Palestinian enclave

The Federal Reserve under Ben Bernanke began aggressively lowering interest rates at the end of 2007 in response to the severe economic downturn caused by the collapse of house prices and the related difficulties falling house prices had on the banks and other institutions that made loans using houses as collateral Many are concerned that these policies will ignite a period of hyperinflation

Substantial cuts in rates quietly introduced over the holidays have left consumers with accounts paying out as little as 0.1 per cent, when many are planning to put more aside

Andrew Adonis, transport minister, is to tell business it has to help pay for the government’s plan for a £20bn bullet train line from London to Manchester

The average UK house price falls to August 2004 levels after slumping a record 16.2% in 2008, the Halifax says.

The Nationwide says it will not pass on any further cuts in UK interest rates to most of its tracker mortgage customers