The Latest Breaking News from Bank of England

Figures will add to Bank of England’s dilemma over whether to increase interest rates again next week

Warning against pumping ‘money into people’s pockets’ comes amid hints Bank of England will again raise rates

As global central banks have raised interest rates, the Bank of England (BoE) has increased in the past 14 meetings due to elevated inflation. Recently, the BoE governor spoke to the UK Parliament and stated that the central bank was approaching the conclusion of its interest rate hikes. The timing…

UK house prices are falling at fastest pace since 2009 on annual basis, reports Halifax, down in every region

Decision-makers expect inflation to be 3.2% three years from now

Pound falls as Andrew Bailey’s comments call into question need for further interest rate rise

Governor Andrew Bailey tells MPs that BoE is “much nearer” to ending its run of interest rates increases

Signs of distress from very different parts of economy will add to Bank of England’s dilemma over interest rates

House prices fell 5.3 per cent in August, the biggest annual percentage drop since 2009

House prices fell by 5.3% annually in August, taking the average property value to £259,153, Nationwide Building Society said.

The Bank of England’s top economist said interest rates may not peak as high as expected, but should stay high for “sufficiently long”