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The Latest Breaking News from Bank of England

Interest rates held: which type of mortgage will suit you now?

Five types of mortgage loan you should know about as the base rate of interest is cut to 4.75 per cent

Evening Standard

US Fed hikes interest rate 0.75 points, biggest increase since 1994

The Federal Reserve on Wednesday intensified its drive to tame high inflation by raising its key interest rate by three-quarters of a point — its largest hike in nearly three decades — and signaling more large rate increases to come that would raise the risk of another recession.

France 24

Join us LIVE as we explain what the Bank of England interest rate decision means for you

Mirror money experts Sam Barker and Graham Hiscott will be live on the Daily Mirror Facebook page from 1pm on Thursday to discuss how the latest Bank of England base rate decision affects you

Daily Mirror

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Bank of England poised for interest rate rise as it fights inflation

Decision on Thursday at 12pm

Evening Standard

Biggest rate hike in years expected as Fed tackles inflation

The Federal Reserve is expected to announce its largest interest rate hike since 1994 — a bigger increase than it had previously signaled and a sign that the central bank is struggling to restrain stubbornly high inflation

The Independent UK

Simple mortgage trick that could save homeowners thousands of pounds in payments

Experts urge homeowners to make the vital changes as interest rates increase

The Independent UK

Homeowners could save up to £3,000 by remortgaging early - but you'll have to be quick

Homeowners are soon facing the prospect of paying 3% for even the cheapest mortgage deals, but you may be able to beat rising rates by setting up a new deal six months early

Daily Mirror

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Cost of living crisis 2022: How to cope with the rise in prices

Millions of Britons are struggling as the price of everything soars amid rising energy prices and inflation. Kate Ng turns to financial experts for advice on how to deal with it all

The Independent UK

FTSE 100 Live: Markets bet on big US rates rise, Bank of England meets

Financial markets are on standby for the US Federal Reserve to increase interest rates by 0.75%, the biggest move since 1994.

Evening Standard

Pounded: Sterling slumps to two-year low on interest rate talk

US Fed to move rates up sharply tomorrow, markets bet

Evening Standard

Buckle up for a bumpy landing with BoE’s pilots

The economy looks to be descending and may even be close to stalling speed

Evening Standard

A recession is worse than inflation -- why the Bank is getting this all wrong

City Voices: Former Bank Governor Mervyn King scores nought out of ten

Evening Standard

Pay crunch gives Bank of England tough call on interest rates

Bank to put rates up on Thursday, City expects

Evening Standard

A bleak week beckons with too many fires to fight

Tomorrow’s labour market figures are likely to underline how quickly living standards are falling

Evening Standard

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The New Daily

Interest rate decisions and Australian jobs data dominate markets this week

Three major central banks will meet separately to determine their next interest rate moves on Thursday in what is set to be a busy day for markets.

Evening Standard

Cabinet minister in ‘complete denial’ over Brexit harm to Britain’s economy which experts put at £31billion

Treasury silent on damage being caused by Brexit to Britain’s economy and Bank of England accused of being reluctant to talk about it

The Guardian - UK

UK economy’s stagnation increases chances of recession

Analysis: Fall in GDP in April also increases probability of 0.25-point increase in interest rates this week

The National (Scotland)

Bank of England expected to raise interest rates again this week

THE Bank of England is expected to hike interest rates for the fifth time in a row this week but experts warn that any hesitation could push the…

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news in one place.

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Evening Standard

CBI boss warns households heading for recession this year

Households in the UK are “going to go into recession this year”, according to the head of the Confederation of British Industry (CBI).

The Guardian - UK

Inflation and industrial unrest in UK threaten a timetable of trouble

Boris Johnson’s hopes of an economic ‘reset’ look unlikely in the face of rising fears over pay and the cost of living

The Guardian - UK

Why bankers close their ears to the ‘climate nut jobs’ talking about the end of the world

An investor’s rant gives an insight into the City’s short-termist view of the environment crisis

Liverpool Echo

Warning to anyone with £20 and £50 notes as deadline approaches

Once this deadline has passed, people will no longer be able to spend the notes in shops

Chronicle Live

Former Sunderland hero Billy Bingham of the 'Bank of England' side dies, aged 90

The family of Billy Bingham have confirmed that the former Northern Ireland winger has died

Daily Record

Rishi Sunak blamed for wasting £11bn of taxpayer cash servicing government debt

The institute's director, Professor Jagjit Chadha, said that Rishi Sunak's actions had left the country with "an enormous bill and heavy continuing exposure to interest rate risk".

Daily Mirror

Rishi Sunak accused of wasting £11bn of taxpayer cash in 'jaw-dropping' debt interest row

The Tory Chancellor was accused of failing to get insurance against interest rates rising on £900bn of reserves. Downing Street said the claims were 'simply not true'

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