The Latest Breaking News from The Bank of England

Huw Pill says he is uncomfortable with persistence of inflation

OUR new Chancellor of the Exchequer concluded her first major speech in that role by saying "there is no time to waste". I wish she would…

The impact of higher mortgage costs is now biting hard. Three million UK households face the prospect of having to renew their mortgage within the next two years as their fixed-rate periods come to an end. While nearly two-thirds of all borrowers have already remortgaged at more expensive rates, a…

From renting to cost-of-living, here’s what it means

PEOPLE in the UK have been told to keep a close eye on their bank notes after a new King Charles III £10 note sold for £17,000 at auction ...

The interest rates situation has seen a surge in interest in long-term mortgages that last up to 40 years

The 45-year-old has the perfect CV for the role, with experience at the Bank of England and in private finance – but how has her background shaped her tough stance on public finances?

High mortgage interest rates and soaring bills hitting affordability despite wages rising above inflation

House price growth will ‘remain muted’ but property prices will remain generally unaffordable, Zoopla has said

Central bank raises concerns over newly elected governments as more than 80 countries go to polls this year

Average monthly payment has risen by 61% since 2019, pushing borrowers into smaller homes or ultra-long loans