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The Latest Breaking News from Bank of England

Britcoin? UK gets closer to launching a digital currency

Britcoin is moving closer to reality

The Independent UK

‘Britcoin’ digital currency could be in use by end of decade

Bank of England and Treasury weigh up issues involved with creating digital pound

The Guardian - UK

Bank of England takes first steps towards digital pound with consultation

The digital currency would be issued by the Bank of England and could be used by households and businesses for everyday payments in-store and online

Evening Standard

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The Bank of England’s proposed digital pound: what does it mean?

The Bank of England has begun a consultation on the introduction of its own digital pound as it seeks to gain a foothold in the unwieldy world of cryptocurrencies and stablecoins.

Evening Standard

Liz Truss admits plan to scrap 45p top income tax rate was ‘bridge too far’

The former prime minister continued to defend her failed bid to boost growth in her first interview since stepping down

Evening Standard

Liz Truss admits she didn’t understand ‘tinderbox’ pension problem prior to mini-Budget disaster

Former PM says she has no desire to return to No 10 and vows to keep pushing for tax cuts

The Independent UK

The energy sapping struggle to bring inflation under control

MPC rate setter warns that another rise is “likely” at their next meeting

Evening Standard

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The ‘leftwing economic establishment’ did not bring Liz Truss down. Reality did

The former PM’s confidence in her ‘small state’ formula remains undented. And her flailing party is all-too ready to share in the delusion, says Guardian columnist Polly Toynbee

The Guardian - UK

Bank of England could be forced to raise interest rates again, says policymaker

Inflation could become entrenched as Covid, energy shock and Brexit hit economy, says Catherine Mann

The Guardian - UK

BoE rate-setter Mann: further interest rate hikes still more likely than not

Catherine L. Mann said the risk of being too cautious in raising rates is greater than the risk of being too aggressive.

Evening Standard

UK interest rates likely to rise again, says BoE’s Mann; UK housebuilding falls; FTSE 100 drops from record high – as it happened

The next step in Bank Rate is still more likely to be another hike than a cut or hold, says Bank of England policymaker Catherine Mann

The Guardian - UK

Liz Truss’s claim she was not warned about mini-budget risks ‘misleading’

Senior economists and ex-chancellor George Osborne round on former PM after she says Treasury officials raised no concerns

The Guardian - UK

Martin Lewis gives verdict on interest rate rise and what it means for mortgage holders

Money Saving Expert founder has shared his advice after Bank of England hiked rates to 4%

The Independent UK

UK house prices fall for fifth month in a row – here are the regions most affected

Average house price last month was £258,297

The Independent UK

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The Guardian - UK

Boring can be good. How modest Clement Attlee’s unflashy ideas changed Britain

Attlee was a gifted manager, who showed it possible for modest politicians to be successful if they have decent ideas

Daily Mirror

Liz Truss blames others for her failure as PM - FULL LIST OF WHO

The disaster-prone ex-PM complained she was never given a "realistic chance" to implement her wild, uncosted tax-cutting rampage because a "powerful economic establishment" got in the way

The Guardian - UK

We’ve avoided recession for now, but the outlook is one of perma-gloom

December’s GDP was boosted by us all cranking up the heating. Actual economic growth has not looked so weak in decades

The Independent UK

UK house prices fall for fifth month in a row – here are the regions most affected

Average house price last month was £258,297

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news in one place.

100’s of premium titles.
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The Guardian - UK

Cost of living crisis: how to make smart money decisions in tough times

Interest rates rose this week, adding to pressure from bills. We look at how to make the best choices in an uncertain world

The Independent UK

UK house prices fall for fifth month in a row – here are the regions most affected

Average house price last month was £258,297

Evening Standard

MoneySavingExpert Martin Lewis warns Britons about interest rates

The financial expert advises the public not to make plans about homeownership that anticipate interest rates returning to the levels of recent years

The Independent UK

FTSE 100 hits record high as recession fears ease

Index tops previous high set in 2018

The Independent UK

FTSE 100 hits record high as economy fears ease

The index of the UK’s largest publicly-listed firms briefly touched a new record high of 7,906.58 points.

Birmingham Post

Managing inflation is now crucial for the future of economy and society

After being disregarded for so long, managing inflation will be hugely important to the future of the UK’s economy and society

The Guardian - UK

Bank of England must not push interest rates too high, its chief economist says

Inflation should be back within Bank’s 2% target range by middle of 2024, Huw Pill adds

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