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The Latest Breaking News from The Bank of England

Reeves to address grim economic outlook as she faces budget watchdog’s verdict

Fiscal watchdog the OBR is reported to have warned that welfare cuts will not save ministers the £5 billion they had expected.

Evening Standard

Rachel Reeves to announce extra £2.2billion defence spending in Spring Statement

Ms Reeves will insist the spending is the ‘right decision in a more insecure world’

Evening Standard

Reeves gets budget watchdog’s verdict as she hunts for elusive economic growth

Chancellor Rachel Reeves will set out how she will balance the books against a backdrop of economic stagnation.

The Independent UK

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Reeves to put £2bn into affordable housing to ‘sweeten the pill’ of cuts

Chancellor will announce plans to fund 18,000 social homes before fraught spring statement on Wednesday

The Guardian - UK

All UK families could see average living standards fall by 2030, forecast warns

Sir Keir Starmer’s government could be first to see living standards fall since 1955, warns Joseph Rowntree Foundation

The Independent UK

European markets drop following week of interest rate decisions

The Bank of England kept rates steady at 4.5% on Thursday, as inflation remains sticky and global uncertainty ratchets up.

Euronews

Why have interest rates not changed and what has it got to do with US tariffs?

The PA news agency looks at what the decision means and what the Bank of England expects to happen to the economy.

Evening Standard

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BoE Warns On 'Economic Uncertainty' As Rate Held

The Bank of England kept its key interest rate at 4.5 percent Thursday, as it warned of "a lot of economic uncertainty" caused largely by US President Donald Trump's tariffs.

International Business Times

Bank of England leaves its interest rate unchanged at 4.5%

Bank says Trump trade wars have increased uncertainty in the outlook for the world economy

Evening Standard

UK interest rates held at 4.5% as Bank warns over US tariff uncertainty

Eight members of the Bank’s nine-person Monetary Policy Committee voted to keep rates on hold.

Evening Standard

Austerity fears grow as Reeves plans major spending cuts in spring statement

A swathe of spending cuts are expected in order to balance the books amid the worsening economic outlook

The Independent UK

FTSE 100 Live 20 March: Jobs market shows resilience, Bloomsbury and Wickes shares surge

Encouraging updates by Crest Nicholson, Bloomsbury Publishing and Wickes today powered their shares during a lacklustre session for the FTSE 100 index.

Evening Standard

Bank of England set to keep main UK rate unchanged at 4.50% despite gloomy economic news

The Bank of England is set to keep U.K. interest rates unchanged even though the economy is barely growing and set for further uncertainty in light of the tariff policies being enacted by the Trump administration in the U.S. The nine-member Monetary Policy Committee is expected to keep the bank’s…

The Independent UK

Bank of England set to keep interest rates on hold as global uncertainty grows

The Bank of England’s Monetary Policy Committee (MPC) is widely expected to keep interest rates on hold on Thursday.

The Independent UK

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Evening Standard

FTSE 100 gains as US markets slump ahead of interest rate decisions

The Bank of England and the Federal Reserve are expected to hold interest rates at their respective decisions later this week.

Euronews

Bank of England expected to pause rate cuts despite contracting output

Policymakers find themselves in a tight spot ahead of Thursday’s rate decision, with growth remaining sluggish and inflation stubborn.

The Independent UK

King called ‘steadfast defender’ of Canada by country’s new PM amid US tensions

Canada is facing a trade war with America and Donald Trump’s repeated vows to make the nation its 51st state.

Evening Standard

King Charles hailed as 'steadfast defender' of Canada by country's new PM after Buckingham Palace meeting

Mark Carney says ‘Canada is fortunate to have a steadfast defender in our sovereign’ following meeting with King Charles

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The Independent UK

King Charles hosts new Canadian PM Mark Carney at Buckingham Palace amid Trump’s ‘51st state’ threats

Canada’s Mark Carney greeted warmly at both Buckingham Palace and Downing Street as part of first foreign visit of his new premiership

Evening Standard

Keir Starmer meets new Canadian prime minister Mark Carney at Downing Street

Sir Keir said it was ‘fantastic’ to have Mr Carney in the UK so early in his tenure.

Evening Standard

Canadian PM Mark Carney tells King they have ‘much to catch up on’

Charles welcomed the former governor of the Bank of England to the royal residence during his visit to London.

Evening Standard

New Canadian leader Mark Carney expected to meet Sir Keir Starmer and King

The former Bank of England governor will arrive in the UK from Paris later on Monday.

Evening Standard

Interest rates set to stay at 4.5% as Bank of England faces ‘fog of uncertainty’

The Bank’s Monetary Policy Committee has been gradually cutting borrowing costs since August last year.

The Fashion Central

Rachel Reeves Braces for “Awful April” as Flat Growth and Soaring Debt Spark Economic Fears!

Rachel Reeves is facing growing pressure ahead of her Spring Statement, with economic experts warning of an "awful April" as the UK struggles.

International Business Times

Mark Carney: Canada's New PM Charted Unusual Path To Power

He was born near the Arctic, led the central banks of two major economies and has become Canada's prime minister despite never having served in parliament.

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