The Latest Breaking News from The Bank of England

Interest rate cut hangs in balance after ONS figures show annual pay growth eased to 5.7% in three months to May

May’s annual increase in UK house prices followed eight months of falls.

Inflation in the U.K. held steady at the Bank of England’s target rate of 2% in June

UK inflation remains at 2%, Bank of England faces decision on interest rates amid concerns of inflation resurgence.

Economists talk of Taylor Swift effect on prices, but say Bank of England is likely to be more worried about sticky services inflation

‘Taylor Swift effect’ on hotel prices partly blamed for UK inflation defying forecast drop

Swati Dhingra says Bank of England’s monetary policy committee should lower interest rates in August

Buyers not fazed by election or Euro 2024, says Rightmove, as ‘gamechanging’ interest rate cuts anticipated

Huw Pill says he is uncomfortable with persistence of inflation

OUR new Chancellor of the Exchequer concluded her first major speech in that role by saying "there is no time to waste". I wish she would…

The impact of higher mortgage costs is now biting hard. Three million UK households face the prospect of having to renew their mortgage within the next two years as their fixed-rate periods come to an end. While nearly two-thirds of all borrowers have already remortgaged at more expensive rates, a…