The Latest Breaking News from Bank of England

The news will almost certainly encourage the Bank of England to raise interest rates even further

From exploring historical data to understanding the underlying economic factors, we aim to crack the currency code and provide a comprehensive understanding of how seasonal patterns can shape the future of the British Pound. So, grab your notepad and get ready to uncover the secrets behind the British Pound's fluctuations…

Average house price fell by -0.3% in July, and is 2.4% lower than a year ago, but Halifax doesn’t expect ‘precipitous decline’ in coming months

The Bank of England (BoE) has raised interest rates once again to 5.25%, mirroring similar moves by the Federal Reserve and the European Central Bank. The fact that the UK is still suffering from high inflation – higher than either the US or eurozone – made another rate rise appear…

With the Bank of England base rate currently the highest it has been since early 2008, you may have a valuable opportunity to increase your earnings on pensions, investments and savings accounts. After all, when the central bank raises its main rate – the base rate, which is typically used…

Fewer jobs created last month than expected, but economists hope the US can avoid recession

The Bank of England has increased interest rates to 5.25%, a level not seen since April 2008 and markedly higher than the all-time lows of 0.1% seen less than two years ago.

The Bank of England raised interest rates for the 14th time in a row today, by 0.25%. The Bank’s Monetary Policy Committee voted by a 6-3 majority in favour of the rate rise. 

The reliance on Bank of England rate rises alone can’t go on. In other countries, rent caps and excess profit taxes are working, says the IPPR’s Carsten Jung