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The Latest Breaking News from Bank of England

Martin Lewis gives verdict on interest rate rise and what it means for mortgage holders

Money Saving Expert founder has shared his advice after Bank of England hiked rates to 4%

The Independent UK

UK house prices fall for fifth month in a row – here are the regions most affected

Average house price last month was £258,297

The Independent UK

Boring can be good. How modest Clement Attlee’s unflashy ideas changed Britain

Attlee was a gifted manager, who showed it possible for modest politicians to be successful if they have decent ideas

The Guardian - UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Liz Truss blames others for her failure as PM - FULL LIST OF WHO

The disaster-prone ex-PM complained she was never given a "realistic chance" to implement her wild, uncosted tax-cutting rampage because a "powerful economic establishment" got in the way

Daily Mirror

We’ve avoided recession for now, but the outlook is one of perma-gloom

December’s GDP was boosted by us all cranking up the heating. Actual economic growth has not looked so weak in decades

The Guardian - UK

UK house prices fall for fifth month in a row – here are the regions most affected

Average house price last month was £258,297

The Independent UK

Cost of living crisis: how to make smart money decisions in tough times

Interest rates rose this week, adding to pressure from bills. We look at how to make the best choices in an uncertain world

The Guardian - UK

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UK house prices fall for fifth month in a row – here are the regions most affected

Average house price last month was £258,297

The Independent UK

MoneySavingExpert Martin Lewis warns Britons about interest rates

The financial expert advises the public not to make plans about homeownership that anticipate interest rates returning to the levels of recent years

Evening Standard

FTSE 100 hits record high as recession fears ease

Index tops previous high set in 2018

The Independent UK

FTSE 100 hits record high as economy fears ease

The index of the UK’s largest publicly-listed firms briefly touched a new record high of 7,906.58 points.

The Independent UK

Managing inflation is now crucial for the future of economy and society

After being disregarded for so long, managing inflation will be hugely important to the future of the UK’s economy and society

Birmingham Post

Bank of England must not push interest rates too high, its chief economist says

Inflation should be back within Bank’s 2% target range by middle of 2024, Huw Pill adds

The Guardian - UK

Martin Lewis issues warning over how much mortgage payments will rise after interest rate hike

The Bank of England has put interest rates up again - here is Martin's take on the rise and how it will affect your mortgage

Chronicle Live

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Evening Standard

Are we going to hell in a handcart? Only if you ignore these green shoots

How many times, dear reader, over the last few months, in conversations with friends and colleagues, over dinner or coffee, have you discussed how depressing the UK is right now? I had this very conversation with a Spanish friend of mine yesterday, who cannot wait to escape London for Madrid…

Evening Standard

‘Reason to be optimistic:’ Bank chief offers hope on interest rate hikes

Interest rates are no longer expected to rise as high as feared this year, a Bank of England chief said on Friday.

Daily Record

New Bank of England interest rates rise impact on future mortgage payments and soaring inflation

The base rate increased from 3.5% to 4% to help bring double-digit inflation under control.

The Independent UK

Why has the Bank of England hiked interest rates and what does it mean?

The decision was taken to help keep inflation under control.

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news in one place.

100's of premium titles.
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The Guardian - UK

FTSE 100 hits all-time high after US jobs report beats forecasts – as it happened

UK’s blue-chip index has hit a new record high of 7906 points, helped by weak pound, and hopes that interest rates may be near their peak

The Guardian - UK

‘I’m really worried’: homeowners and would-be buyers on UK interest rates

As the base rate reaches 4%, we hear from people concerned about rising mortgage costs

France 24

Outrage as Shell, ExxonMobil rake in record profits

Energy giants are reaping the benefits of high energy prices. Shell followed ExxonMobil in doubling its annual profit for 2022 to nearly $40 billion, the highest in its 115-year history. It's sparked outrage among climate activists and those calling for higher taxes as households struggle with high energy bills. Also…

The Independent UK

From savings to pensions - who is affected by interest rate rises?

The Bank of England hiked rates to 4% on Thursday

The Conversation

UK to perform worst of major economies in 2023, says IMF – here’s how to achieve long-term growth

The International Monetary Fund (IMF) has produced another dismal forecast for the UK economy. The IMF expects it to contract by 0.6% in 2023, whereas all other major economies are expected to grow – including sanctions-hit Russia. Meanwhile the Bank of England expects the UK economy will be no larger…

The Guardian - UK

Will the interest rate rise trigger a stampede for tracker mortgages?

Hints by Bank of England that rates may have peaked leaves those remortgaging in a quandary

The Independent UK

Digital pound has ‘risks but no obvious benefits’, says ex-Bank of England chief

Lord King of Lothbury stresses the need to be selective and ‘not driven by a misplaced enthusiasm for all things crypto’.

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