The Latest Breaking News from Bank of England

Critics of corporate behaviour over the pandemic and Ukraine war say company profit and loss accounts tell their own story

His comments follow a surprise increase in inflation earlier this week and the Bank of England's decision to raise interest rates - the 11th rise in a row - from 4% to 4.25%.

Friday’s front pages feature a range of topics.

The Bank of England raised interest rates by 25 basis points to 4.25% as the Pound edges higher and the UK Stock hold steady 

Tens of thousands of borrowers will face repayments hundreds of pounds higher a year

The UK’s central bank announces 11th consecutive interest rate increase as it focuses on fighting inflation.

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +1.08%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.78%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.87%. U.S. stock indexes this morning are moderately higher as...

The Bank of England base rate has increased steeply from 0.25% in January 2022 to 4.25% in March 2023. More than 4 million UK households now have significantly higher mortgage costs as a result, while also dealing with the impact of soaring prices for other items such as food and…

Mortgage borrowers on deals which track the base rate will now see nearly £24 per month added to their costs on average