The Latest Breaking News from Bank of England

Homeowners’ costs rose 7.4 per cent in the year to October, the highest rate since February 1992, figures from the Office for National Statistics show

U.K. inflation rises to 2.3%, influencing interest rates, impacted by global factors like Trump's policies.

Experts warn that Wednesday’s jump in inflation could bring further headaches for mortgage borrowers

Experts have also warned that Wednesday’s jump in inflation could bring further headaches for mortgage borrowers.

US carmaker to lay off 14% of its European workforce

Rising energy bills have been blamed for the unexpected spike

Bank of England governor says number of roles could shrink by more than 50,000 after rise in employer NICs

Rightmove expects to see a ‘stronger year for prices’ in 2025.

Across the UK, the typical asking price for a home coming onto the market is £366,592

The president-elect’s unpredictability on trade has experts guessing about his impact on the UK economy – but some find glimmers of hope in the gloom

Andrew Bailey is a walking market mover. Every time the Governor of the Bank of England opens his mouth, he knows it could impact the cost of UK government borrowing, or the price of sterling, or any number of things. Consequently, his public statements are rarely made off the cuff.