All news on the topic: Bank of England

764
'Keir Starmer must transform industries - not offer a sticking plaster'
Some 150,000-plus Unite members have been involved in over 900 disputes during the last two years, and our win rate stands at over 80%
545
Mortgage rates slashed as banks launch price war in good news for homeowners
The cuts to mortgage deals will spark hopes that rates may have peaked - although borrowers are still paying substantially more after prices hit a 15-year high last month
683
Help is available for those who can't afford their mortgages
Consumer rights expert Martyn James runs through all your options if you're a homeowner worried about their mortgage repayments after the latest Bank of England rate hike
1257
Construction firms face the brunt of Rishi Sunak's current housing policies
The typical mortgage holder is now paying an extra £220 a month when they go to re-mortgage and it is said to be "devastating" the construction industry
1331
'Should I go for a two or five year fixed mortgage?' Pros and cons explained
The Mirror asked mortgage experts to highlight to major pros and cons for two year fixed rate mortgages and five year fixes to help you make the decision that is right for you
1341
Mortgage help – all the support on offer as interest rates hiked to 5.25%
The base rate has risen from 5% to 5.25% - as widely expected by analysts - taking it to a new 15-year high and pushing up mortgages for people on variable deals and those about to remortgage
916
Bank of England base rate and the affect on your mortgage - from SVR to trackers
This week saw the Bank of England confirm its base rate will go up again, rising from 5% to 5.25% and a new 15-year high - but what does this mean for your mortgage?
902
'Mel Stride is at best tone deaf and at worst just another useless right-winger'
We salute the grafters who deliver take-aways - but Stride, peering down from his ivory tower, is glorifying a gig economy that is far too often an employment Wild West
1235
Interest rates rise again piling pain on mortgage holders - what means for YOU
Bank of England predicts UK will avoid recession as it downgrades its growth forecasts and says the economy will flatline over the next three years
751
Interest rate rise a 'hammer blow' - here's my plan to rescue UK economy
After the Bank of England hiked interest rates for the 14th consecutive time, taking the base level to 5.25%, Shadow Chancellor Rachel Reeves writes exclusively for the Mirror on how Labour would ease families' plight
1108
'I'm a mortgage broker - my job's gut-wrenching but I have a big tip for people'
Mortgage broker Carly Cheeseman has a constant churn of anxious homeowners worried about their mortgage rates skyrocketing. She came near to tears telling a young family they'd have to find nearly £400 extra every month
734
Bank of England hikes interest rates to 5.25% in new 15-year high
The Bank of England has announced its latest interest rates decision and has confirmed its base rate has risen from 5% to 5.25% - here is what it means if you have a mortgage, savings or debt
549
Interest rates causing debt time bomb with hidden impact away from mortgages
Bank of England is expected to hike interest rates from 5% to 5.25%, a 15-year high - but experts say the focus on rate rises for mortgage borrowers has ignored impact on others
1158
HSBC raking in £1,000 a second - while 2.4m households can't afford to pay bills
The bank's global profits of £16.8bn for the first half of 2023 are a leap of nearly 150%, and profits at its UK arm more than doubled to £3bn
753
Firm 'profiteering from misery' by providing migrant barges donated £70k to UKIP
The Langham family, owners of Langham Industries, is now set to profit from an 18-month contract with the Home Office to let the Bibby Stockholm berth at Portland, Dorset
1255
Millions face debt timebomb and face losing everything over borrowing and bills
Consumer group warns that many people have borrowed money to maintain basic living standards rather than limit food and energy
1073
8 money changes coming in August including Ofgem price cap and benefits shake-up
The Mirror rounds up all the key money dates and changes coming up in August, including the next interest rates and inflation announcements and huge changes to benefits
835
All the high street banks cutting mortgage rates - from HSBC to Barclays
It comes after inflation fell by more than expected - dipping to 7.9% in the 12 months to June after spending two months previously stuck at 8.7%
1247
Around 650,000 households struggling with surging mortgage costs, Labour warns
Labour's Shadow Chancellor Rachel Reeves said hundreds of thousands of families are 'grappling with the Tory mortgage bombshell" as budgets are squeezed by hikes in interest rates
692
Rishi Sunak is mortgage free - and got 6 figure loan from parents for first flat
Despite claiming to understand the “challenges” families are facing with skyrocketing mortgage payments, this newspaper can reveal he does not have a mortgage on any of his multi-million pound UK properties
836
Inflation falls but Cost of Living crisis 'far from over' - all you need to know
So-called core inflation, which strips out volatile elements such as fuel and food and is closely watched by the Bank of England, eased from 7.1% to 6.9%
1327
Mortgages boost as interest rate rise forecasts tumble after inflation update
Consumer Prices Index (CPI) inflation dropped by more than expected in the 12 months to June - falling from 8.7% to 7.9% - but it comes after mortgage costs have already rocketed
510
UK inflation falls by more than expected to 7.9% - what it means for your money
City analysts had predicted the Consumer Price Index (CPI) rate of inflation would be 8.2% - meaning the drop is better than hoped, and the lowest since March 2022
599
Massive surge in UK households living on 'negative budgets' as mortgages soar
Citizens Advice has warned 'negative budgets' could become a "generational problem" without government action and admits it is increasingly unable to help those in need
916
Labour donor warns dire economic growth is harming voters’ trust in democracy
Businessman John Mills has written a pamphlet outlining how he believes the economy can be rebooted - and it includes chasing a growth target rather than an inflation goal