The Latest Breaking News from Bank of England

Anticipation of interest rate cuts by the Bank of England has injected newfound optimism into the property sector.

Shock acceleration in cost of living increases could delay the start of interest rate cuts by the Bank of England

UK heads away from recession as economy grows in November but weak expansion adds to pressure on the BOE for action

The Bank of England has imposed a fine on the former CEO of Wyelands Bank, highlighting regulatory action against misconduct in the financial industry.

Forecasters at three leading institutions suggest inflation rate will halve to 2% by April

Watch live as the Bank of England Governor Andrew Bailey, and other members of the BoE’s Financial Policy Committee answer questions from the House of Commons’ Treasury Committee on 10 January.

Banks are cutting mortgage rates on products as competition amongst lenders intensifies - but what does it mean for first-time buyers and people remortgaging

Market expectations have increased for global central banks to ease their aggressive monetary tightening campaigns and begin cutting interest rates this year. With inflation pressures expected to continue receding, the Federal Reserve, European Central Bank (ECB), and Bank of England (BOE) are expected to lead the push to lower interest...

People’s confidence in the UK’s economic outlook improved towards the end of 2023, despite continuing to battle a cost-of-living crisis. Although it has strengthened over the year to December, “consumer sentiment” as this confidence is called, is still in negative territory.