All news on the topic: Bank of England

1285
Interest rates held at 5.25% by Bank of England - what it means for your money
The Bank of England has paused its base interest rate at 5.25% today - here we explain how the base rate affects your money - from mortgages to savings, and loans
612
Black Powerlist led by Vogue chief Edward Enninful, Idris Elba and Mo Gilligan
Edward Enninful topped the annual list of the most powerful people of African, African-Caribbean and African-American heritage in Britain in 2023
795
Bank of England governor says CPI inflation will drop 'noticeably' in October
Andrew Bailey indicated inflation will return to its recent pattern of slowdowns after the Office for National Statistics (ONS) recorded a surprise pause last month, leaving inflation at 6.7% in September
1205
AI analyses Bank of England speeches to predict interest rate decisions
Researchers in the Sheffield Business School at Sheffield Hallam University used generative artificial intelligence (AI) program ChatGPT to analyse speeches made by Bank of England policymakers
1328
Think tank suggests Bank of England should have power to cut rates into negative
The Resolution Foundation has warned that the cost of servicing the UK's debt could soar to 5% of GDP if rates stay higher for longer and following current fiscal policy plans
723
Average UK house prices 'little changed' in August as rental inflation soars
Average UK house prices in August were "little changed" from a year earlier, according to the Office for National Statistics (ONS), but rental prices continue to rise
652
Martin Lewis explains how to get a free £175 in your bank in time for Christmas
Consumer champion Martin Lewis is on a mission to save us money in the run-up to Christmas. And now he's revealed how to get your hands on some free cash
731
FTSE 100: Health and energy boost as UK stocks rally
The blue-chip index was boosted by gains for pharmaceutical firm AstraZeneca while BP and Shell saw another positive day of trading
663
Inflation unchanged at 6.7% but prices still rising - what it means for you
Inflation measures how the price of goods and services has changed over time - when it is higher, it means you can buy less for the same money compared to a year ago
901
Admiral warns of 'cash stuffing' trend as savers risk losing thousands in break-
Home insurance provider Admiral has been warning people about a budgeting trend known as 'cash stuffing' as it warns of the risks of having large amounts of cash in the home
1132
UK economy 'heading for recession' as Chancellor faces 'horrible fiscal bind'
The UK economy is in a "horrible fiscal bind" as it heads for recession and with no room to cut taxes or increase public spending amid mounting political pressure on the Chancellor to do so, according to a report
981
Wages rise at near record pace as inflation finally falls back
Wages are now rising faster than prices for the first time since October 2021, according to official figures
956
Bellway to build fewer homes due to falling demand and rising mortgage costs
Housebuilder Bellway has warned it will build nearly a third fewer homes over the year ahead amid slumping demand and falling house prices
832
Tories warned 'sugar rush' of tax cuts before election will fuel recession risk
The Institute for Fiscal Studies says weak economic growth and stubbornly high inflation leave “no room” for unfunded tax cuts or spending increases any time soon
696
UK's outlook better than last year, says Bank of England Governor
The Governor of the Bank of England has said he is the only person in the IMF who can point to things being better now, amid the Bank's rate decision last month
521
Bank of England survey reveals sharp rise in mortgage losses
Default rates on mortgages and credit cards are expected to increase in the next few months, according to a Bank of England survey of lenders
1162
Bank of England member warns of 'inequality' as interest rates remain at 5.25%
The MPC member said the impact of rising rates on younger and lower-income workers is "going to be pretty equally balanced"
1270
The housing market is 'stuck' as mortgage rates stay at historic lows
The housing market is continuing to be affected by a backdrop of low interest rates and rising rents, with the market expected to remain subdued in the short-term
498
Thousands of free-to-use cashpoints have vanished in just 18 months
Most have been removed from shops, railway stations and other convenient locations, raising concerns for millions of people who still rely on cash
788
UK set to record weakest economic growth in G7 as IMF forecasts 0.6% growth
Britain is forecast to record the poorest economic growth across the G7 group of economies next year, according to the International Monetary Fund
991
Bank of England warns homeowners to be careful with mortgage payments
The Bank of England has warned that many homeowners are extending the period over which they pay back their loans, which could increase the burden on them in the long run
1017
Bank of England pauses interest rates at 5.25% in good news for homeowners
Follow our live coverage as the Bank of England confirms it has held interest rates at 5.25% - we explain what this means for your mortgage, savings and debts
852
Bank of England pauses interest rates at 5.25% - what it means for your money
The Bank of England has paused its base interest rate at 5.25% today - here we explain how the base rate affects your money - from mortgages to savings, and loans
1094
7 money changes coming in September - including major Universal Credit updates
We round up all the big money changes coming in September, from changes to your Amazon Prime subscription to the end of the current Ofgem price cap, to huge Universal Credit shake-ups
748
'The rich fill their boots as the rest of us get kicked further into poverty'
The masonic mafia that greases the wheels that turn the UK economy has never felt more untouchable, to the extent that I find myself agreeing with Nigel Farage, of all people