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The Latest Breaking News from Bank of England

Bank of England raises interest rates again in 10th consecutive hike

Central bank Monetary Policy Committee announces another 0.5 per cent increase to base rate

The Independent UK

Bank of England pushes interest rates up to 4%

Central bank says the UK is still headed for a recession, but it could be shallower and shorter than previously expected

Insider UK

Interest rates rise to 4% as Bank of England prepares for 'shallow' recession

Monetary Policy Committee says inflation may have peaked in the UK

Birmingham Post

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Bank of England raises UK interest rates to 4%

Hike of 0.5 percentage points lifts rates to 14-year high, but BoE says shorter and shallower recession now more likely

The Guardian - UK

Interest rates hiked to 4% in 15-year high - what it means for your money

The base rate has today been increased from 3.5% to 4% and remains at its highest level since 2008 - but what exactly does it mean for your money? We explain what you need to know

Daily Mirror

Join us LIVE as our experts explain what Bank of England interest rate move means for you

Mirror Money editor Levi Winchester will be joined by Bestinvest personal finance analyst Alice Haine to chat through everything you need to know about the Bank of England base rate announcement

Daily Mirror

Interest rates - live: Bank of England predicts ‘shallow’ recession but warns ‘it’s not over yet’

Central bank confirms further 0.5 per cent hike, bringing base rare to 4 per cent

The Independent UK

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Mapped: The areas hit hardest by mortgage hikes of up to £13,000 a year

Compare prices across the country as rates set to increase again

The Independent UK

Bank of England says inflation likely to have peaked amid split over interest rate rise to 4% – as it happened

UK central bank predicts much shallower recession than feared, but says Brexit hit has arrived sooner than thought

The Guardian - UK

FTSE 100 Live: Interest rates hit 4%, Shell posts record profit

The improved stock market mood is under strain today after earnings updates by tech giants Apple, Google owner Alphabet and Amazon.

Evening Standard

Weaker economy, higher inflation: Bank of England’s dilemma

Differing experts have urged the Monetary Policy Committee to both cut interest rates and to raise them

The Guardian - UK

Interest rates - live: Bank of England hikes base rate for 10th time in row

Central bank confirms rise of 0.5%, bring base rate to 4%

The Independent UK

Interest rates set to rise again as Bank of England braces for ‘shallow’ recession

Decision on Thursday would be the 10th time in a row that policymakers have opted for an increase

The Independent UK

Virgin Money launches first sub-4% fixed rate home buying mortgage since October

Milestone deal comes on the eve of an expected rate rise from the Bank of England

Evening Standard

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The Independent UK

Average UK house price falls again in January

The averge house price dropped by 0.6 per cent in January, Nationwide Building Society says

Chronicle Live

Eight money changes to look out for in February - from a new Universal Credit rule to energy price cap

This list will help you keep on top of any changes that could affect your finances this month, including interest rate and Ofgem price cap announcements

The Guardian - UK

UK house prices fall for fifth month in a row

Average cost of home now 3.2% below August 2022 peak as mortgage demand slumps

The Independent UK

Average UK house price fell by 0.6% in January

Annual house price growth slowed to 1.1%, from 2.8% in December, Nationwide Building Society said.

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news in one place.

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The Guardian - UK

Tory MPs urge Hunt to bring forward tax cuts after bleak IMF forecast

Chancellor defiant as pressure mounts with warning from within that party could face end of an era in government

The Guardian - UK

Bad economics at the BBC enabled Tory austerity and its aftermath – and it knows as much

Too many journalists don’t get ‘basic economics’, an internal review says. Imagine the effect that’s had on UK politics, says James Meadway of the Progressive Economy Forum

The Guardian - UK

Why is the UK economy doing worse than the rest of the G7?

Factors behind IMF’s latest forecast which shows UK will be only large economy to contract this year

Evening Standard

Homeowners and housing market on watch for signs of peak rates into Bank of England hike

Monetary Policy Committee set to lift base rates at high noon on Thursday

The Independent UK

Why the UK economy is worse off than Russia and other EU countries

IMF says UK economy will contract by a worse-than-expected -0.6 per cent

The Guardian - UK

UK demand for mortgages slumps as interest rates deter buyers

Bank of England figures also reveal many households are dipping into savings, rather than using credit cards

The Independent UK

Mortgage approvals for house purchase drop to lowest levels since May 2020

Some 35,600 mortgages were approved for house purchase, which was the lowest total since May 2020, according to Bank of England figures.

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