The Latest Breaking News from The Bank of England

Property values rose by 3.9 per cent on average in the 12 months to May, up from 3.6 per cent annual growth in April, according to ONS figures

Property values rose by 3.9% on average in the 12 months to May, up from 3.6% annual growth in April, according to ONS figures.

UK inflation rose to a near 18-month high in June, with the Consumer Prices Index reaching 3.6 per cent, an unexpected increase from 3.4 per cent in May. The drivers of the increase included food prices rising for the third consecutive month, and a significant rise in air fares. The…

Analysts say pressure will be on Bank to keep interest rates higher for longer, as consumers’ mood stays gloomy

The “grim” jump in inflation to an 18 month high is not expected to prevent an interest rate cut next month

Crew leaves after investor disquiet over company’s lacklustre performance; UK food prices rise most since February 2024 but economists still expect August rate cut

Ditching the regulation in its entirety risks another financial crisis. Stamp duty on shares remains the background drag

The Bank of England has announced a redesign of its banknotes and invited the public to suggest new themes that might feature on them. Victoria Cleland, the Bank of England’s chief cashier, said this was as “a symbolic representation of our collective national identity and an opportunity to celebrate the…

The Bank also said it will push ahead with the majority of new capital rules at the start of 2027 but will delay part of the proposals.

Events such as the Iberian power blackout have led some to go back to physical money, but others are not convinced

US President Donald Trump on Saturday said major trading partners Mexico and the EU would face a 30% tariff starting next month.