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The Latest Breaking News from Bank of England

The iPhone Fold's display could be totally crease-free thanks to Samsung

Samsung could be the reason Apple gets rid of the crease in the rumored iPhone Fold.

Tom’s Guide

Bank note maker De La Rue sold to US private equity in £263m deal

The company’s shares have been listed in London since 1947

Evening Standard

Trump’s tariff battle with China has ‘echoes of the Vietnam war’, US economist says

Adam Posen, former Bank of England policymaker, compared the tactics to Johnson and Nixon refusing to back down

The Guardian - UK

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Trump tariffs likely to hit UK growth, warns Bank of England policymaker

Deputy governor for financial stability Sarah Breeden added that it is ‘not clear-cut’ what effect the new trade policy will have on inflation.

Evening Standard

Bank of England says AI software could create market crisis for profit

Concern grows over programs deployed to act with autonomy that may ‘exploit weaknesses’

The Guardian - UK

Trump tariffs threaten global growth and raise risk of ‘severe shocks’, says Bank of England

Levies have heaped pressure on government finances and increased chance of ‘further sharp correction’, report warns

The Guardian - UK

Will interest rates be affected by Trump tariffs and when is the next Bank of England review?

The Monetary Policy Committee lowered rates to 4.5 per cent in February but experts believe they could go below four per cent this year

The Independent UK

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Britain needs to be AI-ready to keep up with the rest of the world

Research shows only only 10% of UK organisations are fully prepared to harness AI’s potential.

Evening Standard

Bigger stamp duty bills for some home buyers as discounts shrink

‘Nil rate’ stamp duty thresholds for home buyers have reduced from Tuesday.

Evening Standard

Mortgage approvals to home buyers fall back ahead of stamp duty changes

Some 65,500 mortgage approvals for house purchases were recorded in February, which was around 600 lower than in January

Evening Standard

A bitter blow? British pubs, restaurants and hospitality firms brace for rise in NICs

An increase in national insurance and a rising living wage, is leading to predictions of a hiring freeze across the sector. But not every economist agrees

The Guardian - UK

Voices: Independent readers react to Rachel Reeves’ spring statement – from ‘out of touch’ to ‘genuine poverty’

THE INDEPENDENT DEBATE: The chancellor’s spring statement sparked fierce criticism from readers, who accused her of reviving austerity by targeting the poor while failing to prioritise improving living standards, tax reform, and sustainable economic growth

The Independent UK

Hopes rise for interest rate cut after inflation falls – but experts warn relief may be short-lived

The Bank of England have promised a “careful” approach to reducing the rate this year

The Independent UK

Samsung displays aren't the gold standard you think they are

Samsung AMOLED displays have been the darling of the mobile world for 15 years, but the company's increased focus on acing tests is negatively affecting some users.

Android Central

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Evening Standard

Spring Statement: Rachel Reeves needs AI to 'move needle' on economic growth, says Bank of England governor

The UK’s economy has been flatlining

The Guardian - UK

PwC fined £2.9m over audit of Sanjeev Gupta’s Wyelands Bank

FRC severely reprimands accountancy group and one of its former main auditors after ‘serious failings’ in 2019

Evening Standard

Bank of England governor calls for co-operation amid tariff war

Andrew Bailey was speaking after the Bank voted to hold interest rates last week while policymakers assess the impact of US trade tariffs.

The Independent UK

Record £217bn spent by UK households on housing costs in 2024, study suggests

Housing costs were estimated by Savills to have been £8.6 billion higher last year than a previous peak in 2016, when adjusted for inflation.

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Evening Standard

UK households spent a record £217 billion on housing costs in 2024

Housing costs were estimated by Savills to have been £8.6 billion higher last year than a previous peak in 2016

The Independent UK

New Canadian prime minister Mark Carney calls snap election

The former Bank of England governor had not been required to hold a fresh election until October after taking over from his Liberal Party ally Justin Trudeau

Euronews

European markets drop following week of interest rate decisions

The Bank of England kept rates steady at 4.5% on Thursday, as inflation remains sticky and global uncertainty ratchets up.

Evening Standard

Why have interest rates not changed and what has it got to do with US tariffs?

The PA news agency looks at what the decision means and what the Bank of England expects to happen to the economy.

The Guardian - UK

Bank of England in no hurry on interest rates – but cuts will come

Despite the decision to hold at 4.5%, businesses and households can take a confident view of the UK’s prospects

Euronews

Bank of England keeps benchmark interest rate stable at 4.5%

The central bank's decision comes amid rising uncertainty over the UK's economic growth, especially as US tariff threats loom.

Evening Standard

‘Rich pickings’ for savers but concerns for mortgage holders as base rate held

About 1.8 million fixed-rate mortgage deals are due to end or have already ended this year.

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