Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from The Bank of England

UK overall inflation remains at 3.8% in August, but food price growth climbs for fifth month in a row - as it happened

Food prices rise at fastest rate since January 2024 with vegetables, milk, cheese and fish going up; US Federal Reserve widely expected to cut rates later today

The Guardian - UK

Interest rates could remain at 4% until 2026, economists say

The Bank of England’s Monetary Policy Committee will announce its latest decision on Thursday.

Evening Standard

Reform UK could strip FCA of power to regulate banking if elected

Nigel Farage reportedly plans to overhaul rules governing City of London that were introduced after 2008 financial crash

The Guardian - UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Bank chief warns against ‘exaggerating’ rise in UK borrowing costs

Andrew Bailey’s remarks to MPs about the rise in the 30-year bond yield will bring some relief to the chancellor

The Guardian - UK

How can the UK avoid trouble in the gilts market?

The government needs bold policies in the autumn budget that will change the narrative without startling the markets

The Guardian - UK

Scottish banknotes banned across hundreds of Wetherspoon pubs

SCOTTISH banknotes have been banned by hundreds of JD Wetherspoon pubs across England, it has been revealed ...

The National (Scotland)

What would the Fed do in a tie vote? It's not clear, and the Bank of England had to break a deadlock this month

There have been three occasions when a vote on the FOMC passed by a one-vote majority, though the last time it occurred was in 1973.

Fortune

Read news from The Economist, FT, and more,
with one subscription

UK bank shares tumble after call for windfall tax on lenders in budget

Investor jitters follow report by IPPR and lead to more than £6bn being wiped off the sector’s market value

The Guardian - UK

UK bank shares fall as fears raised in City over budget tax raid

City traders were reacting to a report from the IPPR which said Rachel Reeves should impose a new bank tax.

Evening Standard

'Stop taxing everything': Big business bosses warn Chancellor Rachel Reeves ahead of Budget

Asda chairman Allan Leighton said the Treasury should invest in Britain rather than ‘taxing everything in some way, shape or form’

Evening Standard

Police warn protesters not to travel to Epping after asylum hotel ruling – as it happened

Home Office and Bell hotel owner challenged injunction granted to council that would have stopped dozens of asylum seekers being housed there

The Guardian - UK

Bank of England show to remember lost splendours of Sir John Soane building

Exhibition explores Bank’s former grandeur and its rebuilding under Sir Herbert Baker that began 100 years ago

The Guardian - UK

Windfall tax on banks could raise £8bn a year, Rachel Reeves told as she seeks to plug Budget black hole

This money is then partly being funnelled to bank shareholders due to a ‘flawed’ policy design, a new report says

The Independent UK

Windfall tax on banks could recoup QE losses and raise £8bn a year, IPPR says

Hiking a levy on the profits of major firms could raise up to £8 billion a year for public services, the IPPR said.

The Independent UK

Get all your
news in one place.

100's of premium titles.
One news app.

The Guardian - UK

Treasury should tax big banks on quantitative easing windfalls, argues thinktank

IPPR says Rachel Reeves should also urge Bank to halt bond sales to reduce government losses of £22bn a year

The Independent UK

Asda boss urges Rachel Reeves to ‘stop taxing everything’

Allan Leighton advises chancellor to not launch new tax raid in upcoming budget but invest in Britain if she wants to grow the economy

The Guardian - UK

Liz Truss backs Trump attacks on Fed and says ‘reckoning’ on way for central banks

Britain’s shortest-serving prime minister also critical of Bank of England and European Central Bank

Evening Standard

Food inflation jumps to 18-month high as chocolate and butter prices rise

Food inflation lifted to 4.2% this month from 4% in July, according to according to the British Retail Consortium-NIQ Shop Price Monitor.

Get all your
news in one place.

100's of premium titles.
One news app.

The Independent UK

Food inflation jumps to 18-month high with these items seeing a price rise

Fresh food inflation sped to 4.1% for the month on the back of rising dairy prices, up from 3.2% in July

Evening Standard

Why has inflation risen and what does it mean for households?

July’s inflation rate of 3.8% means that if an item cost £100 a year ago, it would now cost £103.80.

The Guardian - UK

UK inflation rises by more than expected to 3.8% amid higher food prices

Fuel and air fares also pushed up annual July rate, making interest rate cuts less likely this year

Evening Standard

UK consumer sentiment recovers to strongest level since October

The CSI, which surveys more than 1,500 households, reported a reading of 47.0 for August, rising from 45.1 in July.

Evening Standard

Reeves concedes Government has ‘more to do’ as unemployment at four-year high

The Chancellor insisted Labour had been ‘creating more jobs’ since entering office despite vacancy numbers declining over the last quarter.

The Guardian - UK

Santander mortgage cap jumps by as much as 24% as bank eases lending rules

Some higher-earning couples with smaller deposits could borrow extra £130,000 as a result of overnight changes

Evening Standard

FTSE 100 climbs ahead of jobs data

Upcoming figures on the UK jobs market and average earnings will be watched closely, not least by the Bank of England.

1 … 10 11 12 13

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Office for National Statistics

European Central Bank

273 stories

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.