The Latest Breaking News from The Bank of England

Typical household bill predicted to fall to £1,660; pound drops below $1.27 as data adds pressure on Bank of England to lower interest rates

Central banks on both sides of the Atlantic kept their main interest rates unchanged for the fourth successive month in December 2023. These rates are closely watched because they set the minimum interest at which your bank borrows and lends. This determines the cost of credit for all firms and…

But the continued strength of the economy may encourage the Bank of England to keep interest rates higher for longer

House prices across the UK are set to fall by between 2% and 4%

Halifax says no signs of spike in ‘forced sales’; eurozone heading for recession while UK avoids recession, surveys suggest

In a riveting global monetary saga, the US Federal Reserve boldly breaks from the pack, while the ECB and BoE uphold the 'higher for longer' doctrine in a ...

For three years central banks in the US and Europe have been struggling to rein in price growth unseen in a generation

Stepping into a dance with destiny, the Bank of England waltzes past whispers of a rate cut. Their sleek financial moves are leaving speculators in the swi...

In a damning assessment of the chancellor’s fiscal shakeup, the Bank of England said the measures ‘could’ boost national output by a quarter of a per cent

The Bank of England waltzes with market expectations, rolling the dice to hold rates steady. Will the roulette of 2024 see drastic cuts? Only time will tell.

The Bank of England has held interest rates at 5.25 per cent for the third time in a row and indicated that cuts are unlikely in the coming…