The Latest Breaking News from Bank of England

From chip shops to tech start-ups, and even large, well-established companies, rising interest rates have had an impact right across the business world. After 14 consecutive base rate hikes by the Bank of England since 2021, this is causing particular problems for companies with a lot of debt.

Voters are more likely to believe the Bank of England is responsible for bringing price hikes back under control, a poll found

Markets expect rates to peak at 6% or 6.25%, which is higher than they expected last week, but Halifax still cut its prices

Slowdown in price rises comes as somewhat of a relief to families struggling amidst cost of living crisis

Overall rate of inflation falls but costs are still increasing in some sectors, so another interest rate rise looks likely

The news will almost certainly encourage the Bank of England to raise interest rates even further

From exploring historical data to understanding the underlying economic factors, we aim to crack the currency code and provide a comprehensive understanding of how seasonal patterns can shape the future of the British Pound. So, grab your notepad and get ready to uncover the secrets behind the British Pound's fluctuations…

The meagre GDP growth means there is no immediate risk of recession, but leaves the UK stuck in a low growth trap

Figures show the Treasury fund, devised to capitalise on the Bank of England’s quantitative easing programme, has eroded over the past three years.

Londoners who survived the rates pain of the 1980s and 1990s faced different challenges to today’s buyers but their stories will resonate

House buying has been resilient so far, but LSL’s profit warning may be an early sign that things could change