The Latest Breaking News from The Bank of England

There is no easy answer to the question of if and when to fix your mortgage rate because there are so many variables at play and making decisions based on bold predictions could be risky. This is our guide to mortgage rates and the benefits and downsides of fixing your…

Confidence in the UK financial system by bank executives is falling and there is a strong chance of a “high impact” event in the next 12 months.

Treasury committee holds hearing on the sudden collapse of Silicon Valley Bank this month

The Bank of England raised its main interest rate for the eleventh time in a row to 4.25% at its March meeting. At its previous meeting in February the Bank was optimistic about the prospects for inflation in the coming year, saying: “We expect inflation to fall quickly this year.”

The Bank of England is faced with the sort of choice that central bankers prefer not to confront. Inflation is far too perky, which warrants higher interest rates. The global financial system, however, is in an unexpected state of stress: the financial “central heating” is on the blink. Past financial…

Higher interest rates and cuts in lending pile pressure on commercial property sector after hit from hybrid working

Letter: Research showing that most price increases came from ‘companies seeking to maintain profit margins’ has not been noticed by the Bank, writes Bernie Evans

New approach is needed to get UK through looming credit crunch after failure of recovery from crash

ON THE first day of Scotland’s first economics festival, one economist urged Scots to support the adoption of a new currency and face being “a…