Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from Bank of England

Dollar jumps as Fed holds rates but projects one hike later this year

The dollar strengthened as the Federal Reserve held interest rates steady but signaled a potential hike later this year, with policymakers raising inflation projections. New Fed Chairman Kevin Warsh's revised statement removed forward guidance, impacting market expectations. Meanwhile, other central banks like the BOE and BOJ are also navigating inflation…

The Economic Times

Inflation relief could ‘trigger a mortgage price war’ as interest rates predicted to fall

Swap rates have been heading downward and more lenders could now reduce their rates

The Independent UK

What is inflation and how is it measured? All you need to know

IN FULL

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Why has inflation remained flat and where will it go from here?

The Office for National Statistics said Consumer Prices Index inflation was 2.8% in May, remaining at the same rate as in April.

The Independent UK

UK inflation unexpectedly sticks at 13-month low before BoE rate decision

UK inflation remained steady at 2.8% in May, surprising economists and the Bank of England. This data influenced currency markets, with Sterling seeing a slight dip. Bond yields also fell. Experts now anticipate the Bank of England will likely hold interest rates steady at its upcoming meeting. This development offers…

The Economic Times

UK inflation stays at 2.8% as slowing food prices offset rising transport costs

May’s figure confounds forecasts of an increase to 3% as Bank of England prepares to set interest rates

The Guardian - UK

UK inflation set to bounce back to 3%

Airfare inflation and vehicle duty are expected to have driven a fresh increase in inflation for last month.

Evening Standard

Read news from The Economist, FT, and more,
with one subscription

Property Market Turning? UK House Prices Slip as Mortgage Pressure Builds, Bank of England Holds Rates High

UK house prices are stagnating as high interest rates and mortgage affordability pressures continue to weigh on buyer demand and market activity.

International Business Times UK

What US-Iran peace deal means for UK interest rates

The base rate has been at 3.75 per cent since December 2025

The Independent UK

Nigel Farage Slams Deepfake X Ads Claiming He Fought Bank of England's Andrew Bailey

Nigel Farage condemns AI-generated deepfake adverts falsely portraying him confronting Bank of England governor Andrew Bailey, underscoring rising concerns over online fraud and digital deception.

International Business Times UK

Nigel Farage hits out at X deepfakes showing him brawling with Bank of England governor on Question Time

Fake images have circulated on X which link to articles that falsely claim Mr Farage confronted Mr Bailey on the BBC’s Question Time

Evening Standard

Nigel Farage and Andrew Bailey condemn deepfake social media posts of them fighting

NIGEL Farage and Bank of England governor Andrew Bailey have condemned deepfake social media adverts showing the two men fighting

The National (Scotland)

UK Unemployment Set to Reach Highest Level Since 2015 as Iran Conflict Adds Pressure to Economy

The Confederation of British Industry forecasts UK unemployment to rise to 5.5%, the highest since 2015, due to rising costs, weaker growth, and global instability.

International Business Times UK

Bank defends idea to replace banknote historical figures with dolphins and owls

Animal include dolphin, a fox, a butterfly, an owl, a bumblebee, and a shark

The Independent UK

Get all your
news in one place.

100's of premium titles.
One news app.

The Independent UK

UK businesses still plan price rises despite easing Iran war fears as energy crisis bites

The Bank of England’s survey showed that firms expected to increase their prices by 4 per cent over the next 12 months, according to data for May

Evening Standard

UK firms plan to raise prices by less than thought in April, survey finds

The Bank of England’s survey showed that firms expected to increase their prices by 4% over the next 12 months, according to data for May.

International Business Times UK

Churchill Won't Be on UK Banknotes for Long: Hedgehogs and Puffins Could Replace Historic Icons

The Bank of England is hosting a vote on 18 native wildlife to replace historical figures on £5, £10, £20, and £50 notes — the first redesign without a Briton since 1970, to boost security and celebrate UK biodiversity.

The Guardian - UK

Rural UK ‘particularly at risk’ of diesel shortages if Iran war continues

OECD forecast sets out economic risks from conflict, pointing to potential shortfalls to key energy products

Get all your
news in one place.

100's of premium titles.
One news app.

The Economic Times

Global Market: BoE Governor Bailey stresses need to restore inflation credibility as price risks persist

Bank of England Governor Andrew Bailey emphasized maintaining public confidence in the 2% inflation target, rejecting calls to raise the goal despite current inflation exceeding projections. While acknowledging geopolitical impacts, he noted potential for energy shocks to be less persistent than feared, as market expectations for rate hikes remain cautious.

The Independent UK

Dolphins, foxes and butterflies among animals which could feature on new UK banknotes

The new designs will replace historical figures such as Winston Churchill, who have featured on banknotes since 2016

Evening Standard

Bank of England reveals which animals could feature on its new-look banknotes

People are being asked to give their views on a selection of wildlife, native to the UK, that will appear on the next series of notes.

The Independent UK

UK mortgage approvals for house purchases surge to highest level in over a year

Economists are anticipating further interest rate increases later this year

Evening Standard

Home mortgage approvals jump to 15-month high, figures show

The Bank of England said in its Money and Credit report that 65,945 mortgage approvals for house purchases were recorded in April.

The Guardian - UK

Alphabet’s shares drop after announcing $80bn share sale, as AI threatens to drive up youth unemployment – as it happened

Rolling coverage of the latest economic and financial news

The Economic Times

UK banks still lack access to Mythos AI model, Bank of England governor says

Bailey, speaking to Bloomberg TV, said Anthropic was willing to share ‌the models on ⁠a ⁠trial basis but there appeared to be a political hold-up.

1 2 3 4 5

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Office for National Statistics

the Office for National Statistics

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.