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The Latest Breaking News from The Bank of England

Tories did not lay waste the economy, but the myth suits Labour’s campaign message

Without minimising the challenges faced by Starmer and Reeves, it is actually not a bad time to be arriving in office

The Guardian - UK

'Lettuce leaf' between Tory and Labour fiscal plans, former BoE chief economist warns

LABOUR have been urged to heed a former chief economist of the Bank of England who warned that there was only a “lettuce leaf” between their…

The National (Scotland)

OPINION - All bets are off: The Tories might be having the worst campaign in British election history

As they always said would happen, the polls began to narrow. Keir Starmer came unstuck on questions around taxation. The Rwanda scheme was finally up and running by late May. The Bank of England cut interest rates in mid-June. Nigel Farage decided to stay out of the campaign. And the…

Evening Standard

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read the most diverse news in one place.

Bank Of England Maintains 5.25% Interest Rate Despite 2% Inflation

Bank of England maintains interest rate at 5.25% despite inflation hitting 2%, reflecting confidence in economic conditions.

Top News

Bank of England leaves interest rates on hold at 5.25%

Monetary Policy Committee decision means that there is no chance of a cut in borrowing costs before August

Evening Standard

No fall in interest rates despite inflation hitting 2% target, Bank of England announces

No relief for borrowers as Bank of England base rate to remain at 5.25 per cent at least until August

The Independent UK

Bank of England keeps interest rates at 5.25% in ‘finely balanced’ decision

Seventh consecutive freeze comes despite fall in rate of inflation to 2% target last month

The Guardian - UK

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Bank of England expected to keep main interest rate at 16-year high of 5.25% despite inflation fall

Any hopes the governing Conservative Party may have of the Bank of England cutting its main interest rate from a 16-year high of 5.25% are expected to be dashed

The Independent UK

As Election Looms, BoE Set To Sit Tight On UK Rate

The BoE was widely forecast to keep its cost of borrowing at 5.25 percent, a 16-year high, following a regular monetary policy meeting.

International Business Times

UK interest rates: Bank of England announces interest rate decision after fall in inflation

Bank decision on interest rates comes a day after inflation fell to 2%

The Independent UK

Average London house prices down 4% annually in April — could cheaper mortgages be ahead?

The house price figures were released as data showed that inflation slowed to 2% in May.

Evening Standard

UK Inflation Hits 2% Target After Three Years

Recent UK inflation hitting 2% target sparks economic and political debates, impacting households and policymakers.

Top News

How do interest rates affect inflation and mortgages?

Hopes have been raised that lower levels of inflation will mean interest rates cuts and in turn lower mortgage costs

The Independent UK

Average UK house price increased by 1.1% annually in April

The house price figures were released as data showed that Consumer Prices Index (CPI) inflation slowed to 2% in May.

The Independent UK

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The Independent UK

How could the new inflation rate affect food prices and bills?

UK inflation slowed to 2 per cent in May, dropping to its lowest level since July 2021

The Independent UK

UK inflation falls to Bank of England's 2% target rate for first time in nearly 3 years

Inflation in the U.K. has returned to the Bank of England’s target rate of 2% for the first time in nearly three years

Evening Standard

Inflation finally falls back to its 2% target in major victory for the Bank of England

CPI inflation was last at 2% in July 2021 but rose rapidly to peak at a 41 year high of 11.1% in October 2022

Evening Standard

Inflation set to hit Bank of England's 2% target, but MPC not expected to cut interest rates

Inflation is set to hit the Bank of England’s target figure for the first time since July 2021

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Evening Standard

The Bank of England must ignore Taylor Swift and cut interest rates now

City Voices: It’ll be a Cruel Summer if Andrew Bailey and the Bank of England don’t offer some relief on interest rates

Evening Standard

Barclays told to review leveraged finance as UK probes industry

It’s the first of many such reviews the regulator is expected to launch into leveraged finance, which has long been the financing method of choice for private equity

The Guardian - UK

Why government debt is not like household borrowing

Senior economists have complained to BBC about Laura Kuenssberg comparing Whitehall spending to taking out a credit card

The Guardian - UK

Starmer promises ‘long-term strategy’ in business-friendly Labour manifesto

Labour puts economic policy and wealth creation at heart of pitch to win over former Conservative voters

The Independent UK

UK economy flatlined in April in a blow to the governing Conservatives ahead of the July 4 election

The British economy failed to grow in April in a blow to Prime Minister Rishi Sunak who has made the return of growth a central pillar of the Conservative Party’s election campaign

The National (Scotland)

UK economy shows no growth in April in latest blow to Rishi Sunak

THE UK economy recorded no growth in April after wet weather dampened consumer spending, according to the Office for National Statistics, in a…

Evening Standard

Economy fails to grow in sodden April in new blow to Rishi Sunak

The latest ONS growth figures come ahead of the Bank of England’s decision on interest rates next week

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