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The Latest Breaking News from Bank of England

Bank of England warns of £250 a month mortgage increase for 4million people

This could mean that costs surge by £3,000 a year for many households

Wales Online

Bank of England expected to further increase interest rates

Interest rates could shoot to 3.5 per cent from next week following a meeting of the Monetary Policy Committee

Manchester Evening News

Britain's GDP grows 0.5% in Oct: statistics office

LONDON: Britain's economy grew 0.5% in October, official data showed Monday, after a sharp fall the previous month in part because of the national holiday for Queen Elizabeth II's funeral.

Bangkok Post

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UK economy returns to growth as GDP rises 0.5% in October

Growth figure shrank 0.3% in a quarter, reflecting concerns over lengthy recession

The Guardian - UK

Fears for UK economy after manufacturing sector shrinks by 4%

Industry body Make UK says ‘no sugar-coating poor outlook’ for next year and ‘possibly beyond’

The Guardian - UK

Homeowners face mortgage hike as Bank of England prepares to raise interest rates in days

The Bank of England is expected to increase its base interest rate from 3% to 3.5% at a meeting this Thursday, which would hit homeowners with variable mortgages

Daily Mirror

It is soaring energy costs fuelling UK inflation – not humble pay rises

The government says it wants to tame public sector pay to fend off a highly unlikely wage-price spiral

The Guardian - UK

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Bank of England to hike mortgage repayments again next week

Interest rates to be raised another half of a per cent

Wales Online

More mortgage pressure as Bank of England 'to raise interest rates' further

THE Bank of England is expected to raise interest rates even higher next week at its next meeting, putting further pressure on mortgages.

The National (Scotland)

Bank of England set to spoil the festive mood with another interest rate rise

The Bank is likely to raise borrowing costs again this week – but how much longer can they keep going up?

The Guardian - UK

Kwasi Kwarteng admits he 'got carried away' with disastrous mini-budget

'There was a brief moment and the people in charge, myself included, blew it'

Wales Online

Kwasi Kwarteng admits he ‘got carried away’ and Liz Truss government ‘blew it’

The former chancellor said his biggest regret was that ‘we weren’t tactically astute’.

The Independent UK

Bank of England interest rate hike looms as main event in a blockbuster week for the economy

Will it be 0.75% or 0.50%? Thursday’s top-of-the bill rate move helps set the tone for the economy and consumers into 2023

Evening Standard

Can Just Stop Oil make the case for protest?

The climate activists know their tactics make people angry — and they believe that’s a price worth paying

Financial Times

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The Guardian - UK

Cautious BT may boost cash support for its £47bn pension scheme

Telecom giant moves to increase collateral to limit risk amid mini-budget fallout

Ideal Home

Best remortgage deals from 3.79% for June 2025

If your mortgage rate is soon to expire here are some of the best remortgage deals on the market, expert hints on when to switch and tips for choosing your next deal

Evening Standard

Why the Bank of England’s policy means interest rates could stay sky-high for years

Did you know that the Government is running an incomes policy, in which it seeks to place a cap on people’s wages in the public sector regardless of what is happening elsewhere in the economy? Not officially, perhaps, but the truth is that pay in the public sector is rapidly…

Financial Times

Financial instability: the hunt for the next market fracture

Investors are keeping a close eye on areas ranging from US Treasury market illiquidity to Japanese government debt

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The Guardian - UK

Swati Dhingra of the Bank of England: ‘Are we going to end up deepening the recession?’

In her first interview since joining the monetary policy committee, Britain’s newest interest-rate setter warns inflation is not the biggest threat to the economy – because ‘the slowdown is here’

The Guardian - UK

Brexit has fuelled surge in UK food prices, says Bank of England policymaker

Britons need to be kept aware of the cost of leaving the EU, says Swati Dhingra

Liverpool Echo

DWP money changes in December including £300 cost of living payment and Christmas bonus

The financial changes happening in December

Evening Standard

When is the next UK interest rate announcement and will they go down in 2024?

Interest rate announcements affect millions of homeowners with variable-rate mortgages

Wales Online

Nine DWP money changes in December including Christmas bonus and £300 cash

There are several changes and payments some people could see between now and Christmas

Manchester Evening News

All DWP payment dates and money changes for December

Many benefit payments, additional support, and economic changes will be seen throughout the month leading to Christmas

Evening Standard

All I want for Christmas is lower inflation

City Voices: The Bank of England should be able to stop increasing interest rates next year

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