The Latest Breaking News from Bank of England

Across the UK, the typical asking price for a home coming onto the market is £366,592

The president-elect’s unpredictability on trade has experts guessing about his impact on the UK economy – but some find glimmers of hope in the gloom

Andrew Bailey is a walking market mover. Every time the Governor of the Bank of England opens his mouth, he knows it could impact the cost of UK government borrowing, or the price of sterling, or any number of things. Consequently, his public statements are rarely made off the cuff.

Bank of England governor says Brexit has harmed UK economy, while Donald Trump will also complicate matters

Latest UK GDP growth report shows UK grew by just 0.1% in July-September, a slowdown on the first half of the year

Andrew Bailey calls for relations with EU to be rebuilt as Trump plans US tariffs

Andrew Bailey will talk about the importance of economic growth at the annual Mansion House speech in the City of London.

Rolling coverage of the latest economic and financial news

Catherine Mann, an economist and member of the Bank’s Monetary Policy Committee, has not yet opted to reduce rates.

HSBC UK said it is increasing fixed-rate mortgages this week

The changing outlook for interest rates and rises in swap rates which are used to price home loans have had an impact, some experts said.