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The Latest Breaking News from The Bank of England

Bank of England will monitor cash acceptance on ongoing basis

Dame Meg Hillier, chairwoman of the Treasury Committee, described the development as a ‘positive first step’.

The Independent UK

UK economy contracts again in May despite government growth push

A modest 0.1% expansion was expected, although tariffs and tax increases continue to hamper growth.

Euronews

The Bank of England lending shakeup helping first home buyers

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The Independent UK

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Boost for first-time buyers as ‘mortgage lending reins loosened’

One mortgage expert said the Bank of England had made a ‘welcome and pragmatic move’.

Evening Standard

Bank of England rolls out looser mortgage rules to help first-time buyers

Move hopes to push lenders to offer more high loan-to-income mortgages and help 36,000 buyers on to housing ladder

The Guardian - UK

UK workforce exposed if global trade war intensifies, Bank warns

Households and businesses nonetheless remain resilient, and the UK banking system is equipped to support them if conditions worsen.

The Independent UK

Britain remains trapped in poor economic policy

Letters: Readers respond to Randeep Ramesh’s article on the flaws in Labour’s approach to the economy

The Guardian - UK

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Average UK house price growth 'flattened out' in June following a dip linked to stamp duty changes

The housing market’s resilience ‘continues to stand out’ following stamp duty changes, Halifax said.

Evening Standard

What quintessentially British images should go on the new banknotes? Our panel has some ideas

The Bank of England is redesigning money with new themes. So how about Lincoln Cathedral, the London Marathon … or wheelie bins, suggest Athena Kugblenu, David Reynolds, Coco Khan, Connor Myers and Henry Bonsu

The Guardian - UK

‘David Attenborough on a tenner’: Guardian readers’ ideas for new banknotes

Bank of England has asked public for views before first major redesign of banknotes in more than 50 years

The Guardian - UK

Voices: So the Bank of England wants ideas for new banknotes: let’s start with our war heroes

COMMENT: While I like the idea of launching a push for Notey McNoteface, writes James Moore, for my money Britain has plenty of eminently notable figures who haven’t had the recognition they deserve

The Independent UK

Tell us: what would you like to see on a redesigned bank note?

Banknotes issued by the Bank of England are being redesigned. We’d like to hear your suggestions for a new theme

The Guardian - UK

Interest rates are still on ‘downward’ path, says Bank of England chief

Governor Andrew Bailey also highlighted weakness in the UK labour market amid increased economic uncertainty.

Evening Standard

Labour could find the money it wants without raising taxes. This is austerity by amnesia

Starmer and Reeves need a fresh approach to enact their vision, and I have a plan for that, says Randeep Ramesh, the Guardian’s chief leader writer

The Guardian - UK

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The Independent UK

Voices: When it’s Rachel Reeves vs Andrew Bailey, I know who my money’s on

COMMENT : The governor of the Bank of England's response to the chancellor trying to talk up the flagging jobs market is quietly devastating, writes James Moore

The Guardian - UK

Growing signs of slowdown in UK jobs market, says Bank of England governor

Andrew Bailey warns of ‘significant decline in wage growth in year ahead’ as Bank prepares for interest rates decision

The Guardian - UK

Bank of England governor warns of slowdown in the UK jobs market; review finds failings at ONS – as it happened

Andrew Bailey says slack appearing in labour market, after Keir Starmer tells businesses they have made a ‘huge difference’

TechRadar

Thousands of PCs, phones and tablets stolen and lost by UK public sector bodies prompting fears of huge national security risk

UK government reports over 2,000 missing devices in just one year, raising cybersecurity concerns.

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The Guardian - UK

Thousands of UK government laptops, phones and tablets have been lost or stolen

Exclusive: ‘Systemic risk’ to cybersecurity after devices worth more than £1m a year are taken or lost

Evening Standard

Bank of England boss not ‘convinced’ of need for digital pound

The Bank and the Government are in the process of exploring the launch of a digital pound.

Evening Standard

Stocks dip as Bank of England leaves interest rates unchanged

The FTSE 100 index closed down 51.67 points, 0.6%, at 8,791.80.

The Independent UK

Savers issued warning after Bank of England holds base rate

Average savings rates have been on a downward path in recent weeks, but some providers have unveiled new products.

Evening Standard

BoE leaves interest rates on hold at 4.25%

Decision was expected in the City where analysts predict the next cut will be in August

Evening Standard

UK interest rates kept on hold with Bank alert to ‘highly unpredictable’ world

The Bank of England’s Monetary Policy Committee decided to keep rates unchanged at 4.25%.

The Independent UK

UK's central bank set to keep interest rates on hold amid Middle East uncertainties

The Bank of England is set to keep interest rates on hold as fears grow that the conflict between Israel and Iran will escalate to involve the United States and send oil prices soaring and push U.K. inflation further above target

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