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The Latest Breaking News from Bank of England

Samsung displays aren't the gold standard you think they are

Samsung AMOLED displays have been the darling of the mobile world for 15 years, but the company's increased focus on acing tests is negatively affecting some users.

Android Central

Spring Statement: Rachel Reeves needs AI to 'move needle' on economic growth, says Bank of England governor

The UK’s economy has been flatlining

Evening Standard

PwC fined £2.9m over audit of Sanjeev Gupta’s Wyelands Bank

FRC severely reprimands accountancy group and one of its former main auditors after ‘serious failings’ in 2019

The Guardian - UK

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Bank of England governor calls for co-operation amid tariff war

Andrew Bailey was speaking after the Bank voted to hold interest rates last week while policymakers assess the impact of US trade tariffs.

Evening Standard

Record £217bn spent by UK households on housing costs in 2024, study suggests

Housing costs were estimated by Savills to have been £8.6 billion higher last year than a previous peak in 2016, when adjusted for inflation.

The Independent UK

UK households spent a record £217 billion on housing costs in 2024

Housing costs were estimated by Savills to have been £8.6 billion higher last year than a previous peak in 2016

Evening Standard

New Canadian prime minister Mark Carney calls snap election

The former Bank of England governor had not been required to hold a fresh election until October after taking over from his Liberal Party ally Justin Trudeau

The Independent UK

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European markets drop following week of interest rate decisions

The Bank of England kept rates steady at 4.5% on Thursday, as inflation remains sticky and global uncertainty ratchets up.

Euronews

Why have interest rates not changed and what has it got to do with US tariffs?

The PA news agency looks at what the decision means and what the Bank of England expects to happen to the economy.

Evening Standard

Bank of England in no hurry on interest rates – but cuts will come

Despite the decision to hold at 4.5%, businesses and households can take a confident view of the UK’s prospects

The Guardian - UK

Bank of England keeps benchmark interest rate stable at 4.5%

The central bank's decision comes amid rising uncertainty over the UK's economic growth, especially as US tariff threats loom.

Euronews

‘Rich pickings’ for savers but concerns for mortgage holders as base rate held

About 1.8 million fixed-rate mortgage deals are due to end or have already ended this year.

Evening Standard

BoE Warns On 'Economic Uncertainty' As Rate Held

The Bank of England kept its key interest rate at 4.5 percent Thursday, as it warned of "a lot of economic uncertainty" caused largely by US President Donald Trump's tariffs.

International Business Times

Bank of England holds interest rates amid concerns over inflation and Trump tariffs

Interest rate remains set at 4.5 per cent but there are still expectations of cuts this year

The Independent UK

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The Guardian - UK

Bank of England says companies freezing hiring plans as it keeps interest rates on hold

Rate-setting committee also points to mounting global uncertainty as it pauses its cycle of reductions

The Guardian - UK

Next UK interest rate cut may not come until August after hawkish Bank of England hold – as it happened

Monetary Policy Committee votes 8-1 to leave UK interest rates unchanged at 4.5%

The Independent UK

Bank of England set to keep interest rates on hold as global uncertainty grows

The Bank of England’s Monetary Policy Committee (MPC) is widely expected to keep interest rates on hold on Thursday.

Euronews

Bank of England expected to pause rate cuts despite contracting output

Policymakers find themselves in a tight spot ahead of Thursday’s rate decision, with growth remaining sluggish and inflation stubborn.

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Evening Standard

King Charles hailed as 'steadfast defender' of Canada by country's new PM after Buckingham Palace meeting

Mark Carney says ‘Canada is fortunate to have a steadfast defender in our sovereign’ following meeting with King Charles

The Independent UK

King called ‘steadfast defender’ of Canada by country’s new PM amid US tensions

Canada is facing a trade war with America and Donald Trump’s repeated vows to make the nation its 51st state.

Evening Standard

Canadian PM Mark Carney tells King they have ‘much to catch up on’

Charles welcomed the former governor of the Bank of England to the royal residence during his visit to London.

The Guardian - UK

Former Bank of England deputy warns Rachel Reeves against kneejerk cuts

Charlie Bean says OBR forecasts are ‘flaky’ and cautions against trying to hit targets five years away

Euronews

Markets week ahead: Will central banks offer investors a positive push?

Major central banks are set to decide on interest rates this week, providing guidance on market trajectory. Investors will particularly focus on the Federal Reserve’s policy outlook, as the bank may step in and buoy a wobbly Wall Street after it fell into correction territory.

The Independent UK

Interest rates set to stay put amid ‘fog of uncertainty’ over Trump tariffs

‘Murky as the picture looks now, some things will become a lot clearer soon’

Evening Standard

Mark Carney sworn in as Canada's prime minister as country deals with Donald Trump's trade war

Former Bank of England governor replaces Prime Minister Justin Trudeau

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