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The Latest Breaking News from Bank of England

Cautious BT may boost cash support for its £47bn pension scheme

Telecom giant moves to increase collateral to limit risk amid mini-budget fallout

The Guardian - UK

Best remortgage deals from 4.20% for January 2025

If your mortgage rate is soon to expire here are some of the best remortgage dealson the market, expert hints on when to switch and tips for choosing your next deal

Ideal Home

Why the Bank of England’s policy means interest rates could stay sky-high for years

Did you know that the Government is running an incomes policy, in which it seeks to place a cap on people’s wages in the public sector regardless of what is happening elsewhere in the economy? Not officially, perhaps, but the truth is that pay in the public sector is rapidly…

Evening Standard

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

Financial instability: the hunt for the next market fracture

Investors are keeping a close eye on areas ranging from US Treasury market illiquidity to Japanese government debt

Financial Times

Swati Dhingra of the Bank of England: ‘Are we going to end up deepening the recession?’

In her first interview since joining the monetary policy committee, Britain’s newest interest-rate setter warns inflation is not the biggest threat to the economy – because ‘the slowdown is here’

The Guardian - UK

Brexit has fuelled surge in UK food prices, says Bank of England policymaker

Britons need to be kept aware of the cost of leaving the EU, says Swati Dhingra

The Guardian - UK

DWP money changes in December including £300 cost of living payment and Christmas bonus

The financial changes happening in December

Liverpool Echo

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When is the next UK interest rate announcement and will they go down in 2024?

Interest rate announcements affect millions of homeowners with variable-rate mortgages

Evening Standard

Nine DWP money changes in December including Christmas bonus and £300 cash

There are several changes and payments some people could see between now and Christmas

Wales Online

All DWP payment dates and money changes for December

Many benefit payments, additional support, and economic changes will be seen throughout the month leading to Christmas

Manchester Evening News

All I want for Christmas is lower inflation

City Voices: The Bank of England should be able to stop increasing interest rates next year

Evening Standard

UK house prices: average property price fell by £4,500 in November

The fallout from the mini-Budget continued to affect the market last month.

Evening Standard

House prices see biggest drop in two years as growth slows after Mini Budget

Nationwide has released its latest house price index, which showed the average house price fell by 1.4% month on month in November – the biggest drop since June 2020

Daily Mirror

DWP - 9 money changes in December including Christmas bonus and £300 cost of living cash

Every date you need to know

Nottingham Post

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The Independent UK

UK house prices see biggest monthly fall in more than two years as growth slows

Soaring household bills and higher mortgage rates following the disastrous mini-Budget in September have impacted the property market

The Independent UK

‘Average UK house price fell by 1.4% month on month in November’

The fallout from the mini-budget continued to affect the market, Nationwide Building Society said.

The Guardian - UK

UK house prices fall at fastest rate in two years; factories suffer ‘lethal cocktail’ – business live

Average UK house prices fell 1.4% in November, as “the fallout from the mini-budget continued to impact the market,” says Nationwide

Glasgow Live

10 December money changes from DWP Christmas bonus to Pension Credit cut off

There are a number of key dates for your diary in the coming months, with the lead up to the festive season an expensive time. Here are some days to look out for in the coming weeks.

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news in one place.

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The Independent UK

Brexit partly to blame for high inflation, says Bank of England economist

Leaving EU ‘plays a part’ in wider economic woes, says Huw Pill

The Guardian - UK

Bank of England ‘blindsided’ by Kwasi Kwarteng’s mini-budget, says governor

Andrew Bailey tells Lords committee of ‘extraordinary process’ with ‘no formal communication’ between Treasury and Bank

Evening Standard

The Leader podcast: Mini-Budget ‘moneybomb’ fallout revealed

Bank of England mortgage debt data reveals impact of Truss premiership

Liverpool Echo

Number of mortgage approvals for house purchase falls to lowest level in two years

The number of mortgages approved in October 2022 was the lowest since the pandemic

The Guardian - UK

UK mortgage approvals for October fall 10% after mini-budget

Homebuyers face higher interest costs, as lending figures slump to lowest monthly total since June 2020

Daily Mirror

Ten money changes in December including DWP Christmas bonus and £300 cost of living cash

There are plenty of financial changes happening in December to note down in your diary, including more cost of living help, energy rebates - plus a potential change to your benefit payments

The Independent UK

Number of mortgage approvals for house purchase falls to lowest level since 2020

The number of mortgage approvals made to home buyers in October was the lowest since June 2020.

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