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The Latest Breaking News from Bank of England

Bank of England To Assess Risks AI Poses To UK Financial Stability

AI and machine learning have been used across the financial sector for at least a decade, such as to help detect fraud and money laundering.

International Business Times UK

Bank Of England To Review Systemic Risks Posed By AI

As the use of artificial intelligence (AI) becomes more widespread, the Bank of England's financial policy committee has grown increasingly concerned about the systemic threats posed by the broader adoption of AI.

International Business Times

Brexit car tariffs to be suspended for three years as EU protects car exports – as it happened

Live, rolling coverage of business, economics and financial markets as Bank of England’s Andrew Bailey calls for UK to ‘embrace AI’

The Guardian - UK

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UK Property Market Anticipates 1% Price Drop in 2024 Amidst Seller Competition and Mortgage Rate Stability

Rightmove foresees sellers having to adopt more competitive pricing strategies in 2024 to secure transactions.

International Business Times UK

UK house prices inch higher but ‘rapid rebound’ in property market unlikely

House prices inched up by 0.2% last month, compared with October, Nationwide revealed in its monthly House Price Index.

The Independent UK

November dates for benefits, pensions and cost of living payments

Inflation very gradually easing but many households still struggling

The Independent UK

Bank of England Warns of Potential Market Correction Amidst Economic Uncertainties

The House of Lords Economic Affairs Committee released a report that critiques the Bank of England's scope of operation amidst the current cost of living crisis.

International Business Times UK

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You might need sunglasses to look at the OnePlus 12's insanely bright display

OnePlus is about to launch its next premium-grade phone and, alongside it, the company will debut a new ultra-bright BOE X1 OLED display.

Android Central

Inflation has affected the UK, US and Europe differently – here's what this means for interest rates

The Bank of England’s governor has repeatedly warned that it will not cut UK interest rates any time soon, even with a recent sharp fall in consumer price inflation.

The Conversation

UK mortgage approvals increase after interest rates held at 5.25%

Bank of England figures showed that 47,400 mortgages were approved for house purchases in October.

The Independent UK

November dates for benefits, pensions and cost of living payments

Inflation very gradually easing but many households still struggling

The Independent UK

Bank of England interest rate-setter: 'Nobody could have forseen' double-digit inflation spike in 2021

“Crucially, nobody could have reasonably foreseen this historically unprecedented pattern of shocks,” Jonathan Haskel said

Evening Standard

The rule of ‘72’ and how the Bank of England's inflation target destroys your savings

City Voices: How inflation destroys your spending power

Evening Standard

OPINION - There's an uncomfortable truth about immigration, but neither Keir Starmer nor Rishi Sunak dare say it

Cheerful news: Andrew Bailey, the Bank of England governor, thinks the economic outlook for the year ahead is “worst I have ever seen” — a challenge of such severity that it should be the main preoccupation of both the Government and its possible Labour heirs. Instead, fizzing anxiety at Westminster…

Evening Standard

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The Independent UK

November dates for benefits, pensions and cost of living payments

Inflation very gradually easing but many households still struggling

Evening Standard

OPINION - From interest rates to inflation and growth, Andrew Bailey is fresh out of good news

Might interest rates begin to fall soon? With inflation dropping below five per cent and the UK economy flirting with recession, it's the question everyone from the prime minister to first-time buyers is asking. But this morning, the Governor of the Bank of England poured cold sick all over the…

The Guardian - UK

UK interest rates will stay high for some time, stresses Bank of England governor

Andrew Bailey again dismisses speculation about rate cuts, saying fight to bring inflation down to 2% is ‘hard work’

The Independent UK

November dates for benefits, pensions and cost of living payments

Inflation very gradually easing but many households still struggling

Get all your
news in one place.

100's of premium titles.
One news app.

The Guardian - UK

Powerful Lords committee damns Bank of England over inflation forecasts

Report says lack of ‘intellectual diversity’ at senior level and too wide a range of priorities led to errors and fall in public confidence

The Independent UK

November dates for benefits, pensions and cost of living payments

Inflation very gradually easing but many households still struggling

The Independent UK

Hunt’s tax cuts mean interest rates won’t drop until summer 2024, economists warn

National insurance cut risks Bank of England being more ‘hawkish’ in battle against inflation

The Independent UK

November dates for benefits, pensions and cost of living payments

Inflation very gradually easing but many households still struggling

The Independent UK

November dates for benefits, pensions and cost of living payments

Inflation very gradually easing but many households still struggling

Evening Standard

Jeremy Hunt slashes National Insurance in go-for-growth Autumn Statement but tax burden still rising

Millions set to pay higher rate of income tax in future as wages rise but thresholds remain frozen

The Independent UK

November dates for benefits, pensions and cost of living payments

Inflation very gradually easing but many households still struggling

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