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The Latest Breaking News from Bank of England

UK factory output growth jumps; US job openings rise; record low eurozone unemployment – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

World's first 500Hz gaming monitor leaves your HD display in the dust

Soon you'll only be able to blame your terrible aim for missing that clutch headshot.

Input

Mortgages to soar by £700 a year if Bank of England hikes interest rates this week

The average cost of paying a mortgage could go up to £14,000 a year if the Bank of England makes the decision to hike base rate this Thursday to offset the creeping cost of inflation

Daily Mirror

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Bank of England poised to raise interest rates as high inflation takes toll

City economists expect increase from 0.25% to 0.5% on Thursday amid cost of living crisis

The Guardian - UK

UK interest rate set to hit 1% by summer, City predicts

The City is bracing for a run of interest rate rises around the world, starting next week with the Bank of England. The UK interest rate is set for its first back-to-back increase since 2004

Evening Standard

Hopes shattered as banks fail to pass on interest rate rise

The Bank of England upped the base rate to 0.25% in December, but since then only a handful of savers have felt the benefit

The Guardian - UK

Minouche Shafik: ‘The idea that you are successful because you are hardworking is pernicious’

The LSE’s director and former Bank of England economist is outspoken over the need for a reset of the wider capitalist system

The Guardian - UK

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Can crypto really replace traditional financial institutions?

Rising consumer use of blockchain-based technology has seen major banks investigate and invest

Insider UK

FTSE 100 posts biggest fall in eight weeks; UK retail sales hit by Omicron – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Bank boss warns inflation pressures may stay until the end of 2023

The Bank of England said there are worries that energy prices may stay high for longer, while wage rises in the UK could become broad-based.

The Independent UK

Message to shoppers as UK inflation hits near-30 year high and food prices surge

The Bank of England has forecast inflation to hit 6% in April

Nottingham Post

How the Bank of England missed the inflation curve

City Comment: Bank needs to get the next bit right

Evening Standard

UK inflation rises to highest level in almost 30 years at 5.4%

Cost of living crisis worsens, piling pressure on Bank of England to raise interest rates again

The Guardian - UK

UK inflation jumps to 30-year high of 5.4% as cost of living crisis deepens – as it happened

Food prices, furniture, clothes and housing costs rise; unions urge government to tackle cost of living crisis as pressure builds for February rate hike

The Guardian - UK

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Evening Standard

UK inflation jumps to 30 year high of 5.4% - and worse is to come

The Bank of England now seems certain to raise interest rates again next month

The Independent UK

Pay rises failing to keep up with the cost of living, ONS figures show

Pressure is mounting on the government and the Bank of England to help ease the cost-of-living crisis

The Guardian - UK

UK faces a pay squeeze – and higher interest rates look likely

Analysis: Jobs market is booming, but Bank of England seems set to heap more pain on households

Evening Standard

Interest rates to double next month, City warns as pay falls behind inflation

Economists now expect the Bank of England to raise the interest rate from 0.25% to 0.5% at its next MPC meeting

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news in one place.

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Evening Standard

Jobs market still booming - but pay is now starting to fall

Pay is falling for the first time since the summer as inflation bites, suggesting the Bank of England might have to move faster to raise interest rates.

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People

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