The Latest Breaking News from Bank of England

Around 5 million households have seen their mortgage interest rate change since the Bank of England base rate started to rise in late 2021. Over the course of the 2023 alone, the base rate increased from 3.5% to 5.25%, surpassing economists’ expectations and pushing mortgage rates to the highest levels…

Britain’s biggest lender kickstarts 2024 by slashing rates by nearly 1 per cent

A strike by Channel Tunnel workers has blocked train travel between France and Britain, while powerline problems hit West Coast mainline

Consultancy firm Cornwall Insight says bills could drop by £268 a 16 per cent decrease – in line with the official price cap set by the UK's energy regulator Ofgem.

Labour say more than a million people face higher mortgage payments ‘after the Conservatives crashed the economy’

Goldman Sachs shakes things up by predicting Bank of England rate cut in May. Brace yourselves, Britain! The financial world just got interesting.

British inflation has slowed sharply to the lowest level in more than two years on falling petrol prices, official data showed Wednesday, easing a cost-of-living crisis after aggressive interest-rate hikes.

Bigger than expected fall will raise hopes of early interest rate cuts but the Bank of England remains cautious

Adobe’s proposed $20bn merger with product design software company Figma has been terminated, following competition probes in EU and UK