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The Latest Breaking News from Bank of England

Housing market ‘set for confidence boost following base rate cut’

Some experts said the Bank of England base rate cut from 5.25% to 5% will help to give confidence to home buyers and sellers.

The Independent UK

Bank Of England Cuts Interest Rate By 0.25%

Bank of England's rate cut aims to boost economy amid Brexit uncertainties. Lower rates may impact inflation.

Top News

Bank Of England Cuts Interest Rates For First Time

Bank of England cuts interest rates to 5% to address economic slowdown and lower inflation, impacting housing market and inflation risks.

Top News

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Bank of England cuts interest rates at last

The benchmark lending rate comes down from 5.25% to 5% bringing relief to millions of borrowers

Evening Standard

Is mortgage anxiety relief here? Interest rates 'finally' down to 5% as high street lenders cut rates

The Bank of England has dropped the interest rate by 0.25%, as some of the main lenders rush to offer lower mortgage rates

Evening Standard

Public sector pay rises unlikely to drive up inflation, says Bank of England after interest rate cut – as it happened

City economists predict further cut in November, after first reduction in UK interest rates since 2020, as Bank lifts its growth forecast for this year

The Guardian - UK

Bank Of England To Finally Cut Interest Rate?

The Bank of England announces its latest interest-rate decision Thursday, with analysts split on whether it will cut for the first time since the Covid pandemic after inflation's retreat.

International Business Times

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Bank Of England Expected To Make First Rate Cut Since Pandemic

Central banks globally adjust interest rates to tackle inflation and boost spending amidst economic uncertainties.

Top News

iPhone SE 4 displays could come from a very familiar name

Life's Good if you're supplying OLED displays for the next generation of iPhone SE.

Interest rate cut likely to be delayed by Bank of England, says former Chancellor Lord Hammond

The Tory peer believes the bank’s Monetary Policy Committee will be concerned about pay rises well above its two per cent inflation target

Evening Standard

Apple has found another supplier to make displays for the iPhone SE 4

LG Display will be Apple's secondary display supplier for the iPhone SE 4.

iMore

Bank of England looks likely to hold interest rates despite inflation drop

City Comment: There is not yet enough evidence that inflation is fully back in its box

Evening Standard

What are Rachel Reeves’ spending cuts and how do the sums add up?

Chancellor unveiled series of cuts in response to what she called £22bn in unfunded commitments by Tories

The Guardian - UK

Mortgage approvals for house purchase steady in June, says Bank of England

The number of mortgage approvals made to home buyers remained at about 60,000 in June, the Bank’s Money and Credit report said.

The Independent UK

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The Guardian - UK

Fear of a Truss repeat should not deter Reeves from rewriting spending rules

Labour has enough goodwill with City to increase debt if the money is used for key infrastructure

Evening Standard

Bank of England’s interest rate decision on a knife-edge, economists say

Economists are split over whether the Bank’s policymakers will decide it is the right time to reduce rates on Thursday.

The Independent UK

Treasury ‘confident’ enough coins available without ordering more this year

A Treasury spokesman said there are no plans to alter the mix of coins, after doubts were cast on the future of the smallest denominations.

Evening Standard

Summer sun coming for the economy says influential City forecast

EY Item Club says the outlook for growth is hotting up and predicts interest rates under 5% by the end of the year

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The National (Scotland)

Bank of England hit by 'global payment issue' that could affect house sales

THE Bank of England has been hit by a "global payment issue" affecting its CHAPS service.

Evening Standard

Hot wage rises put changes of August interest rate cut into the shade

September looks more likely to provide the moment the cost of borrowing comes down from a 16-year peak

The Independent UK

UK inflation stays at 2% target in June, leaving possible rate cut on a 'knife edge'

Inflation in the U.K. held steady at the Bank of England’s target rate of 2% in June

Top News

UK Inflation Holds Steady At 2%, Rate Cut Possible

UK inflation remains at 2%, Bank of England faces decision on interest rates amid concerns of inflation resurgence.

The National (Scotland)

UK inflation remains at two per cent target for second month in a row

UK inflation held steady in June as price rises across the country stayed at the Bank of England’s target level for the second month running,…

Evening Standard

Inflation at Bank of England's 2% target for second straight month

Rate cut seen in September rather than August as service sector inflation looks sticky

The Guardian - UK

UK interest rates will stay high unless service sector inflation falls, says IMF

Warning comes as Bank of England policymakers say price growth in service sector could become embedded

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