All news on the topic: Bank of England

The Bank of England has hiked interest rates repeatedly to tackle inflation - in a hit to mortgage payers - and experts have warned they could raise them higher than the current 4.5% next month

The Office for National Statistics announced UK inflation dropped to 8.7 per cent in the 12 months to April - but a cost of living expert remains cynical about the single figure

Inflation has dropped by two per cent, heralding a long-waited change in the right direction, but Tom Francis, head of advice from Octopus Money, has warned that it is far from the beginning of the end

The Commons Treasury Select Committee held a rare sitting outside Parliament - and went to Threadneedle Street in the heart of the City of London to tackle the Governor and his deputies

Yesterday, the Bank of England increased its base interest to 4.5% from 4.25% - which was the 12th rise since December 2021 when the rate was 0.1%

It is charged with bringing down inflation and hiking interest rates is the only tool it has in its armoury

Homeowners were warned things could get even worse as Andrew Bailey could not rule out further rises in a bid to bring down rampant inflation

The Bank of England has announced its latest interest rates with another 0.25 percentage point rise taking the base rate from 4.25% to 4.5% - here is what it means for your mortgage, debts and savings

Bankers seem to be doing OK. The guy who runs British Gas got a £3.7million bonus last month. On top of his £790k salary

Huw Pill, 54, who earns £190,000 a year, sparked outrage when he said workers should stop asking for pay rises during the cost of living crisis

Brian Reade on this week's slap in the face from the Bank of England's Huw Pill, hard to stomach when you consider the pay of FTSE 100 bosses surged 23% last year as ordinary folk flatlined

Mirror money editor Levi Winchester runs through all the big financial changes and announcements coming up in May and how they affect your wallet - from benefits to your Tesco shop

Chief economist Huw Pill said there was a game of 'pass the parcel' taking place over the economic pain - and said workers asking for higher pay and firms putting up prices were fuelling inflation

Banks have been slammed over the last year for their slow response in increasing their interest rates for savers alongside the Bank of England rises

Britain’s stubbornly high rate of inflation will pile more pressure on struggling families - and it is those on the lowest wages who are worst affected

The Office for National Statistics said we last month paid 19% more on a weekly shop, the highest since 1977. Some items have gone up seven times faster than average wages

UK inflation fell to 10.1% in March - this is down from the 10.4% and surprise jump that was recorded in February, the Office for National Statistics (ONS) said this morning

In a new glimmer of hope, the International Monetary Fund (IMF) this week said interest rates in major economies are expected to fall back to pre-pandemic levels

I was gobsmacked when a pal told me she was made to pay to view a rental flat. When I asked her why she didn’t tell the estate agent where to go, she shrugged: 'That’s just how it is now'

There has reportedly been concerns over Sheikh Jassim bin Hamad Al Thani's attempt to takeover Manchester United due to regulatory failings at the UK unit of the Qatar Islamic bank

His comments follow a surprise increase in inflation earlier this week and the Bank of England's decision to raise interest rates - the 11th rise in a row - from 4% to 4.25%.

The latest interest rates decision was decided today by the Monetary Policy Committee (MPC) and comes off the back of inflation unexpectedly jumping to 10.4%

Financial authorities are now trying to prevent problems spreading throughout the global banking system and a repeat of the disastrous financial meltdown of 2008

More than £50billion was wiped off the value of Britain’s 100 biggest listed firms as the failure of tech sector lender Silicon Valley Bank spooked stock markets. Here's what you could you expect next

Over the weekend the Chancellor said there was a 'serious risk' to the UK's technology and life sciences sectors as a result of the collapse of Silicon Valley Bank.