The Latest Breaking News from The Bank of England

The SNP Deputy Westminster leader said that "people can't afford to wait until Christmas" for their mortgage rates to come down.

Come the general election, the worst of Britain’s pain may be over, so Starmer’s slow and steady approach is the right one, says Guardian economics editor Larry Elliott

The Bank of England boss says there 'will be consequences' of higher borrowing costs over the next three years

Rising mortgage rates are will have a severe impact on buy-to-let landlords and their tenants

The Governor has warned 'there will be consequences'

Banks ‘could weather £125bn hit in economic downturn’ despite rising interest rates

The average household will see their monthly interest payments go up by about £220 if they are refinancing during the second half of this year

The Bank of England has warned that households across the U.K. are facing increasing problems from the sharp increase in interest rates but says the country’s biggest banks are resilient enough to offer more help than they were able to before the global financial crisis 15 years ago

Tens of thousands of Londoners are facing annual mortgage bill hikes of more than £12,000, the Bank of England warned on Wednesday.

Bank of England chief says there ‘will be consequences’ of higher interest rates, as all UK banks pass stress tests

The Bank of England's current September CPI forecast is 7 per cent, which would see another bumper boost next April for people on the Basic and New State Pension over the 2024/25 financial year