The Latest Breaking News from Bank of England

Further slowdown likely amid interest rate rise and cost of living crisis, says surveyors’ body Rics

The Bank of England claims the digital pound will help protect the UK from new forms of money that could pose a risk to its financial stability.

He says stable inflation is vital so that money holds its value and people and businesses are able to plan for the future.

The Bank of England said the "digital pound" would not be "volatile" like cryptocurrencies because it would come from a legislated organisation rather than a private sector

Even if you have a significant deposit saved up, you might not secure a mortgage.

It comes after the Bank of England raised interest rates to 4 percent last week

Britons will be able to fix monthly home loan costs at level below Bank of England base rate

MORTGAGE brokers say the market for home loans is roaring back, with cheaper loans coming on every day.

Why is the Bank of England designing its own digital currency? Judging by the little they appear to be investing in what is being dubbed Britcoin, one of the more compelling reasons is that the Bank fears big tech and digital currencies could be behind the next financial meltdown —…