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The Latest Breaking News from The Bank of England

Why mortgage rates will not return to recent lows any time soon

The Bank of England base rate has increased steeply from 0.25% in January 2022 to 4.25% in March 2023. More than 4 million UK households now have significantly higher mortgage costs as a result, while also dealing with the impact of soaring prices for other items such as food and…

The Conversation

Expert warns Bank of England interest rate rise will affect more than a million homeowners

It's the 11th consecutive time that interest rates have been increased - and it's bad news for the property market

Manchester Evening News

Is this the end of UK interest rate rises or are there more to come?

The Bank of England’s move risks squeezing the economy just as inflation is expected to start falling

The Guardian - UK

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Interest rates rise to 4.25% - what does it mean for your money?

The Bank of England has increased the base rate for the 11th time in a row. We look at whether rates could rise further this year, and what the latest hike means for your mortgage and savings

The Money Edit

What the Bank of England's rise in interest rate means for you and your money

The UK's interest rate has been risen up for the 11 consecutive time in a bid to drive down inflation

Manchester Evening News

Bank raises interest rates again, alongside upgraded economic forecast

The UK economy is expected to grow slightly between April and June, revising a previously forecasted drop

Insider UK

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

The Bank of England has hiked the interest rate to 4.25%

The Independent UK

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UK interest rate rise: what it means for you

How the new base rate of 4.25% might affect mortgages, house prices and credit cards

The Guardian - UK

What today’s rise in interest rates means for your money and when they might go down

It is the 11th consecutive increase in the base rate, and the highest since 2008

Wales Online

Bank of England hikes interest rates for 11th time running after leap in inflation

The Bank’s Monetary Policy Committee (MPC) decided to increase interest rates to 4.25% from 4%

The Independent UK

Bank of England raises UK interest rates by quarter-point to 4.25%

Monetary policy committee votes to increase base rate after February’s surprise rise in inflation

The Guardian - UK

Interest rates hiked to 4.25% in more misery for borrowers - what it means for your money

The latest interest rates decision was decided today by the Monetary Policy Committee (MPC) and comes off the back of inflation unexpectedly jumping to 10.4%

Daily Mirror

London’s income tax bombshell hits a record £51.6 billion

Kensington now pays more income tax than the whole of Northern Ireland

Evening Standard

After Fed, European central banks hike rates

LONDON: The Bank of England joined Norway and Switzerland in hiking interest rates on Thursday to tackle stubbornly-high inflation, though banking-sector turmoil could soon lead to a pause in US tightening as hinted by the Federal Reserve.

Bangkok Post

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The Independent UK

UK central bank may hike rates after big jump in food prices

A shortage of fresh vegetables last month may force the Bank of England to approve an 11th consecutive interest rate increase Thursday

Evening Standard

Interest rates ‘set to be hiked’ by Bank of England on Thursday in fresh blow to homeowners

The Bank of England was expected to hike interest rates for the 11th time in a row on Thursday after a shock resurgence in UK inflation.

The Independent UK

Interest rates – live: Mortgage holders under ‘storm clouds’ after Bank’s latest hike

Bank hits mortgage holders with extra 0.25 percentage point rise

Wales Online

Mortgages set to cost more as interest rates likely to rise today after unexpected inflation surge

An unexpected rise in inflation means the measure is likely

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The Guardian - UK

UK interest rates raised to 4.25% by Bank of England, but inflation expected to cool – as it happened

UK central bank sets interest rates at 14-year high after inflation jumped to 10.4% in February

Evening Standard

FTSE 100 Live: Bank of England interest rate rise, FTSE closes down 0.9%, US shares up

The Bank of England today hiked interest rates to 4.25% as it continues efforts to bring inflation back under control.

The Guardian - UK

Britain’s biggest banks under pressure to pass on higher interest rates to savers

Unite says their analysis shows banks have made £7bn in extra profit from the rise in borrowing costs

The Guardian - US

US Federal Reserve raises interest rates a quarter-point amid banking turmoil

Fed announces rise to a range of 4.75% to 5% – its ninth consecutive rate rise and the highest rate since 2007

The Money Edit

Inflation rises to 10.4% as food prices surge: what does it mean for you?

The ONS has announced that inflation rose to 10.4%, up from 10.1% in January, despite predictions that inflation would ease. Price increases in restaurants, cafes, groceries, alcohol, and clothes are to blame. We look at what it all means for you and how you can save money

Manchester Evening News

Bank of England to make interest rates announcement this week - what can we expect

Your finances may soon be affected by the Bank's major decision this week

Wales Online

Everything you need to know after shock sudden rise in inflation

The rise comes after food prices leapt up by 18.3% year-on-year in February

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