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The Latest Breaking News from Bank of England

Looking back at Mark Carney's Bank of England career as he takes over from Justin Trudeau

Mark Carney will take over at a tumultuous time in Canada, which is in the midst of a trade war with the US

Evening Standard

Canada's next PM Mark Carney takes aim at Donald Trump as ex-Bank of England chief replaces Justin Trudeau

Mark Carney replaces Prime Minister Justin Trudeau, who announced his resignation in January but remains in post until his successor is sworn in

Evening Standard

Mark Carney: Canada’s new PM calls Trump tariffs ‘the greatest crisis of our lifetime’

Mark Carney, the former Bank of England governor, has been named as Canada’s new prime minister succeeding Justin Trudeau ahead of the country's general election.

The Independent UK

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Former Bank of England governor to become Canada’s next prime minister

Former Bank of England governor Mark Carney will become Canada’s next prime minister

The National (Scotland)

Watch: Former Bank of England governor succeeds Justin Trudeau as Canada’s next prime minister

Watch the moment former Bank of England governor Mark Carney was announced as Canada’s next prime minister, succeeding Justin Trudeau after nine years in power.

The Independent UK

Canada will never be part of America, Mark Carney says after winning PM race

Former Bank of England governor Mark Carney has won the race to succeed Justin Trudeau as Canada’s prime minister.

Evening Standard

New Canadian PM Mark Carney vows to fight US trade war ‘until Trump shows respect’

Mark Carney hit out at Donald Trump for trying to ‘destroy the Canadian way of life’ as he vowed to fight and win the US trade war

The Independent UK

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Andrew Bailey was accused by Barclays chair of having ‘destroyed’ Jes Staley, court hears

Nigel Higgins asked if FCA would drop investigation into Staley’s relationship with Epstein if CEO quit

The Guardian - UK

‘Delicate balance’ for UK housing market as average property price dips by £213

Property values fell by 0.1 per cent on a monthly basis, Halifax said.

Evening Standard

European Central Bank cuts interest rates again, by quarter point – as it happened

Central bank lowers growth projections as it warns trade war fears are hurting Europe

The Guardian - UK

Trump’s tariff plans will hit UK economy, top economists warn

The chancellor is plotting billions of pounds of spending cuts as economists warn Donald Trump’s tariffs will throw her growth plans into a spin

The Independent UK

Dip in number of mortgage approvals to home buyers in January

Some buyers may have decided they are too late to take advantage of a stamp duty holiday by the end of March, a finance expert said.

Evening Standard

Bank of England must proceed with caution over future rate cuts, says deputy governor

Dave Ramsden said a gradual and careful approach was needed to balance inflation risks and interest rate cuts

The Guardian - UK

Bank of England policymaker warns of rising inflation risk

Deputy governor Dave Ramsden pointed to ‘increased uncertainty’ in the UK economy in a speech on Friday, amid higher-than-expected price rises.

Evening Standard

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The Guardian - UK

UK ‘the golden child of Europe’ as stocks rally in London; US goods trade deficit widens as tariffs backfire – as it happened

UK’s balanced trade with the US, Trump’s fondness for Britain, and new invitation for a state visit at Buckingham Palace, make the UK popular with investors today

The Independent UK

Income tax will have to rise, ex-Bank of England chief warns, as he blasts Reeves’ ‘irresponsible’ promises

Mervyn King says there is ‘no harm’ in raising the basic rate of income tax as he urged Rachel Reeves to act over ‘silly things’ said before the election

The Independent UK

Inflation and interest rates predictions: What it means for your money in 2025

The Bank of England are not expected to cut rates again next month but what about for the rest of the year?

Evening Standard

Some sub-4% mortgages will vanish from the market from Friday

One mortgage broker said market movements ‘look to be enough to put some of the very lowest rates in peril’.

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news in one place.

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Evening Standard

HMRC issues £900 fine warning over tax returns after interest cut

HMRC has cut the interest rate on late payments in response to the Bank of England's recent base rate cut

PC Gamer

Black Myth: Wukong said to single-handedly boost monitor sales in 2024 as gamers predicted to buy 2.8 million OLED monitors in 2025

2025 expected to be another big year for OLED gaming.

Evening Standard

Why has inflation increased and what does it mean for households?

Inflation struck its highest level since March last year in January, according to official data.

The Guardian - UK

Bank of England faces bumpier road after inflation accelerates

Tough route also awaits Rachel Reeves as households reel from sharp increase in living costs

The Guardian - UK

UK inflation jumps to 3%, reducing chance of early interest rate cut

Annual CPI inflation rate hit 10-month high in January in blow to ministers amid rise in food bills and fuel costs

Evening Standard

FTSE 100 treads water after Andrew Bailey’s ‘weak growth’ warning for UK

The Bank of England governor also cautioned over the impact of ‘global fragmentation’ on the world economy as markets were broadly flat.

The Independent UK

Fact check: Rachel Reeves worked for the Bank of England over five years

During her stint with the Bank, Ms Reeves spent some time on secondment to the British Embassy in Washington.

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