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The Latest Breaking News from MPC

What the interest rate hike means for you and your wallet

It may now be a good idea to start saving your money as interest rises once again in the UK

Manchester Evening News

Interest rate hike points to the Bank keeping its foot firmly on the brake

The half-point rise wasn’t the limit of the measures announced by a central bank accused – until now – of acting too slowly on inflation

The Guardian - UK

UK in recession as Bank of England hikes interest rates to highest since 2008

Interest rates have risen to 2.25% from 1.75% – the highest level since November 2008

Insider UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Interest rates rise by 0.5% as Bank of England says UK ‘already in recession’ OLD REDIRECTED

The UK interest rate is now the highest level since 2008

The Independent UK

Mortgage, loan and credit card bills to go up by hundreds of pounds today

Experts are expecting the single biggest leap in rates for 30 years

Wales Online

Bank of England set for bumper interest rate hike

The interest rate is set to soar to the highest level since the financial crisis of 2008

Wales Online

UK households face £3bn hit if Bank goes ahead with 0.75-points rate rise

Hike in interest rates would be the biggest in 33 years and would heap renewed pressure on borrowers

The Guardian - UK

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Economists call for radical shakeup of Bank’s interest rate committee

MPC is dominated by people with little ‘real world’ knowledge and prone to groupthink, says ex-committee member

The Guardian - UK

High noon looms for talk of super-sized rake hike from the Bank of England

Could the UK adopt the jumbo rate hikes expected in the US this week?

Evening Standard

Bank expected to unveil big rate hike on Thursday

The Monetary Policy Committee is expected to increase rates by 0.75 percentage points

Insider UK

There's a Better Pick Over Exxon Mobil in the Energy Sector

While higher price realizations and significant market demand should bode well for energy companies, including Exxon Mobil (XOM) and Marathon Petroleum (MPC), we think MPC is better positioned to capitalize on the industry tailwinds given its solid fundamentals and growth attributes. Read on to learn more….

StockNews.com

Sterling languishing against dollar as interest rate hike speculation builds

STERLING is continuing to languish against the dollar ahead of the new Chancellor’s first fiscal statement expected later this week.

The National (Scotland)

Economy experts predict biggest hike in Bank of England interest rates for over three decades this week

An announcement on interest rates is due to be made on Thursday.

Daily Record

Fears Brits face biggest interest rate hike in 30 years making mortgages pricier

The Bank of England's Monetary Policy Committee is expected to increase interest rates from 0.75% to 2.5% in what would be the single biggest hike in more than 30 years

Daily Mirror

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The National (Scotland)

Biggest interest rate hike since 2008 crash expected in bid to control inflation

MARKETS believe the Bank of England will unveil the biggest hike in interest rates for over three decades when its decision makers gather for a…

The Guardian - UK

After the mourning, Truss and Kwarteng could find themselves on a sticky wicket

Britain’s problems are not high taxation or overregulation but poor growth caused by low investment

Benzinga

Marathon Petroleum Whale Trades For September 15

Someone with a lot of money to spend has taken a bearish stance on Marathon Petroleum (NYSE:MPC). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Evening Standard

Bank tipped for half-point rates rise despite small fall in inflation

MPC rate decision delayed until next Thursday following death of Queen

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The Guardian - UK

Bank of England will not take foot off throttle despite drop in inflation

MPC members will look at other developments in UK and abroad in mission to increase interest rates

Evening Standard

Bank of England postpones next week’s interest rate decision after Queen’s death

A widely expected rise in interest rates has been put on hold due to the death of the Queen

Benzinga

What Are Whales Doing With Marathon Petroleum

StockNews.com

Is Devon Oil a Better Energy Play Than Marathon Petroleum?

Elevated oil & gas prices have been helping energy companies thrive, with oil producers' free cash from operations increased significantly this year. Therefore, Marathon Petroleum (MPC) and Devon Energy (DVN) beat the market volatility. But which of these stocks is a better choice for investors? Read more to find out….

The National (Scotland)

There’s no need for a national debt, now or in indy Scotland

THE City of London is home to many useful and responsible financial institutions. But this respectable facade also conceals a host of less savoury…

StockNews.com

Bad, Better, Best: How Should You Play These Oil & Gas Stocks?

Oil prices remain elevated on robust U.S. fuel consumption and tight supply outlook. On the other hand, U.S. natural gas prices skyrocketed to a 14-year high earlier this month on high summer demand. However, not all oil and gas stocks are expected to benefit from the high prices. While we…

Bangkok Post

BoT keeps measured approach on monetary policy tactics

The Bank of Thailand plans to maintain a gradual approach to normalising monetary policy throughout this year, according to its chief.

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