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The Latest Breaking News from Bank of England

What the Bank of England’s base rate rise to 1.25% means for you

The effect of the interest rate increase on mortgages, savings, annuities, house prices and rents

The Guardian - UK

Bank Of England Hikes Interest Rates For Fifth Straight Time To Address Inflation

The Bank of England has initiated its fifth consecutive interest rate hike with a 25 basis point uptick to 1.25%.

Benzinga

Bank’s rate rise is a couple of sparklers compared with Fed’s fireworks

The next time the Bank of England debates interest rates, we’re likely to see a half-point increase

The Guardian - UK

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Analysis: A banquet of bad news from the Bank of England - but let’s stay hopeful on jobs

Bank of England says it will “act forcefully” to put the brake on inflation

Evening Standard

The Bank of England has put up interest rates again – so how will it affect me?

The base rate has been raised to 1.25%, the highest point since the start of 2009, but what does it mean?

Chronicle Live

Interest rates: Households warned of higher prices as Bank of England increases rates to fight inflation

The Bank of England increased the base rate for borrowing to 1.25 per cent but warned that there could be further rises as it fights to bring inflation down from 11 per cent.

Daily Record

Bank of England hikes interest rates to 1.25%

Central bank warns that prices for households might increase even further than previously thought

Insider UK

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Bank of England hikes interest rates to highest level since 2009

THE Bank of England has raised its interest base rate to the highest point since the start of 2009 as the cost of living continues to soar.

The National (Scotland)

Interest rates raised to 1.25% as Bank of England responds to cost of living crisis- what will it mean for business?

Business leaders warn SMEs could be hit hard by rates rise

Birmingham Post

Mortgages: Bank of England raises interest rates to 1.25% — here’s what it means for your mortgage

Interest rates have risen again, meaning millions could be set for higher mortgage costs. How much will your monthly payments increase?

Evening Standard

Interest rates rise to 1.25% as Bank of England battles rising inflation

The rise is the fifth consecutive hike by the Bank’s monetary policy committee

The Independent UK

Michael Gove warns ‘tough times’ ahead as cost of living crisis worsens

Minister issues warning as Bank of England projects inflation to peak this year at just over 11 per cent

Evening Standard

Bank of England raises interest rates to 1.25%

Bank warns of inflation rising to 11% after split vote to lift rate, for fifth time in a row, by 0.25 points

The Guardian - UK

Winners and losers of Bank of England interest rate hike - from homeowners to savers

The Bank of England has hiked its base rate has risen from 1% to 1.25% - a new 13-year high - as part of plans to cool soaring inflation, which currently stands at 9%

Daily Mirror

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Daily Mirror

Interest rates hit 1.25% in 13-year high - what it means for you and your money

The Bank of England is putting up base rate to try to bring down record inflation levels, but the decision means some households will be left with higher bills amid a cost of living crisis

The Independent UK

Interest rates 2022 – live: Bank of England reveals highest level since 2009

The Bank’s monetary policy committee came to the decision by majority vote

The Independent UK

Bank of England under pressure to aggressively raise rates

The Bank of England is under pressure to raise interest rates more aggressively amid concern that the quarter-percentage-point hike expected Thursday will do little to combat price increases that have pushed inflation to a 40-year high

The Independent UK

How do interest rates affect inflation?

Interest rates are already at their highest level in 13 years

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The Guardian - UK

Why are central banks pushing to raise interest rates?

Banks are raising rates to bring down inflation but there is a risk to economic growth

The Independent UK

Bank of England poised to hike interest rates to 1.25% in battle against inflation

Base rate of interest currently stands at 1 per cent - its highest point in 13 years

The Guardian - UK

Bank of England says inflation will hit 11% after raising interest rates to 13-year high – as it happened

UK central bank has raised interest rates to 1.25%, warned inflation will exceed 11% in autumn, and cut growth forecast for this quarter

Evening Standard

FTSE 100 Live: Bank of England rates rise decision, ASOS warns on profits

The Bank of England today increased interest rates by 0.25% as policymakers continue efforts to tame inflation.

Evening Standard

Interest rates held: which type of mortgage will suit you now?

Five types of mortgage loan you should know about as the base rate of interest is held at four per cent

France 24

US Fed hikes interest rate 0.75 points, biggest increase since 1994

The Federal Reserve on Wednesday intensified its drive to tame high inflation by raising its key interest rate by three-quarters of a point — its largest hike in nearly three decades — and signaling more large rate increases to come that would raise the risk of another recession.

Daily Mirror

Join us LIVE as we explain what the Bank of England interest rate decision means for you

Mirror money experts Sam Barker and Graham Hiscott will be live on the Daily Mirror Facebook page from 1pm on Thursday to discuss how the latest Bank of England base rate decision affects you

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