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The Latest Breaking News from The Bank of England

UK economy stuck in first gear as GDP plunges in March

Bad weather and strikes blamed for forcing down high street sales

Evening Standard

UK mortgage predictions: where will rates go next?

Mortgage rates are rising again and products are being pulled from the market amid higher-than-expected inflation figures.

The Week

What latest interest rate hike will mean for your money

The Bank of England has raised rates for a record twelfth time in a row

Liverpool Echo

From analysis to the latest developments in health,
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What the papers say – May 12

Latest rise in interest rates dominated newspaper front pages on Friday.

The Independent UK

Bank boss warns financial misery is not over yet after another interest rate hike

Homeowners were warned things could get even worse as Andrew Bailey could not rule out further rises in a bid to bring down rampant inflation

Daily Mirror

How Bank of England interest rates will impact Northern Irish borrowers

It is the 12th time that the Bank of England has raised interest rates since 2021

Belfast Live

OPINION - Interest rates rise for 12th successive time as inflation gets sticky

Today’s Monetary Policy Report from the Bank of England was a little like the weather: a bit of sunshine, some very dark clouds, but mostly everyone wondering when things will get better.

Evening Standard

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Bank of England interest rate rise: why this could be the last increase for a while

The Bank of England has increased its benchmark interest rate to 4.5% – the seventh rise since May 2022, when the base rate was just 1%. It is now at the highest level since 2008.

The Conversation

Bank of England lifts interest rates again as food prices stay higher for longer

Central bank economists also released a record upgrade to their economic growth expectations

Insider UK

'Tory mortgage crisis hits millions' as interest rates hiked to 15-year high

THE Bank of England has raised interest rates for the 12th time in a row to its highest level since 2008 ...

The National (Scotland)

Another UK interest rate rise was always nailed on but what happens next?

Bank of England aware that impact of most rates rises has yet to be felt, meaning a pause is now probable

The Guardian - UK

UK interest rate rise: how will it affect you?

The quarter-point rise to 4.5% hits mortgage holders, credit card users and people seeking loans, but savers could benefit

The Guardian - UK

The Bank of England has raised interest rates to 4.5% from 4.25%

It is the 12th consecutive increase in rates

Wales Online

Bank of England raises UK interest rates to 4.5%

Latest 0.25 point hike marks 12th rise in a row as Bank battles stubbornly high inflation

The Guardian - UK

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The Independent UK

Why are interest rates going up – and how does raising them help inflation?

The Bank of England has hiked the interest rate to 4.5%

The Independent UK

Interest rates – live: Mortgage warning as Bank raises rates to highest level since 2008

Experts have warned the rise will affect the property market, with lenders already raising their rates

The Guardian - UK

Bank of England lifts inflation and growth forecasts as it raises interest rates to 4.5% – business live

BoE governor Andrew Bailey predicts inflation will have halved by the end of this year, thanks to falling energy bills

The Independent UK

Bank of England set to raise UK interest rates to highest level since 2008

The Bank of England is set to raise interest rates to their highest level since late 2008 as it continues to combat stubbornly high inflation in the U.K. Financial markets expect the bank’s nine-member Monetary Policy Committee to lift its main interest rate by a quarter of a percentage point…

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news in one place.

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Evening Standard

Interest rates expected to rise to their highest level since 2008

It would be the 12th consecutive time policymakers at the Bank of England have raised rates

Wales Online

Interest rates to rise today to highest level in 15 years

It will be the 12th consecutive increase in the cost of borrowing - including mortgages

The Guardian - UK

1.5m UK homeowners on variable rate mortgages face new borrowing rise

Poll of City analysts shows unanimous expectation of Bank of England raising interest rates to 4.5%

The Guardian - UK

Rishi Sunak risks missing target to halve inflation, NIESR warns

Leading thinktank sounds alarm over cost of living crisis with poorest £4,000 worse off in 2023 than before Covid pandemic

Manchester Evening News

Bank of England interest rate announcement this week - what could happen and how your finances are impacted

Economists are concerned that the Base Rate could rise to the same levels it was at during the 2008 financial crisis

Wales Online

Interest rates latest and what it means for your mortgage, savings, and bills with changes expected this week

Another increase to interest rates is likely this week – but there is hope on the horizon for struggling households

The Guardian - UK

Annual UK house price growth slows to lowest level in more than a decade

Property values in south of England fall most, while West Midlands records strongest growth

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