The Latest Breaking News from Bank of England

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up by +0.79%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up by +0.14%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up by +1.51%. December E-mini S&P futures (ESZ25 ) rose +0.74%, and December...

The dollar index (DXY00 ) on Thursday rose by +0.05%. The dollar recovered from early losses on Thursday and posted modest gains as EUR/USD retreated. The dollar also found some support on Thursday after US weekly jobless claims fell as expected. The dollar initially moved lower on Thursday amid weaker-than-expected...

The S&P 500 Index ($SPX ) (SPY ) today is up by +0.79%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up by +0.59%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +1.43%. December E-mini S&P futures (ESZ25 ) are up +0.78%, and December...

Here the Press Association looks at what the decision means and what the Bank of England expects to happen to the economy.

Prime minister Keir Starmer has hailed the rate cut with around 533,000 homeowner tracker mortgages outstanding in June 2025

Property professionals are now expecting the new year to start with a ‘bang’ as mortgage lenders look to attract borrowers and home movers.

The Bank of England has cut its key interest rate for the first time in four months as stubbornly high inflation that has plagued British consumers and businesses starts to ease

Today’s decision from the Bank will mean cheaper home loans for millions of property owners with tracker mortgages

The Bank’s Monetary Policy Committee voted to reduce rates from 4% to 3.75%.