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The Latest Breaking News from Bank of England

When is the next UK interest rate announcement and will they go down in 2024?

Interest rate announcements affect millions of homeowners with variable-rate mortgages

Evening Standard

Nine DWP money changes in December including Christmas bonus and £300 cash

There are several changes and payments some people could see between now and Christmas

Wales Online

All DWP payment dates and money changes for December

Many benefit payments, additional support, and economic changes will be seen throughout the month leading to Christmas

Manchester Evening News

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

All I want for Christmas is lower inflation

City Voices: The Bank of England should be able to stop increasing interest rates next year

Evening Standard

UK house prices: average property price fell by £4,500 in November

The fallout from the mini-Budget continued to affect the market last month.

Evening Standard

House prices see biggest drop in two years as growth slows after Mini Budget

Nationwide has released its latest house price index, which showed the average house price fell by 1.4% month on month in November – the biggest drop since June 2020

Daily Mirror

DWP - 9 money changes in December including Christmas bonus and £300 cost of living cash

Every date you need to know

Nottingham Post

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UK house prices see biggest monthly fall in more than two years as growth slows

Soaring household bills and higher mortgage rates following the disastrous mini-Budget in September have impacted the property market

The Independent UK

‘Average UK house price fell by 1.4% month on month in November’

The fallout from the mini-budget continued to affect the market, Nationwide Building Society said.

The Independent UK

UK house prices fall at fastest rate in two years; factories suffer ‘lethal cocktail’ – business live

Average UK house prices fell 1.4% in November, as “the fallout from the mini-budget continued to impact the market,” says Nationwide

The Guardian - UK

10 December money changes from DWP Christmas bonus to Pension Credit cut off

There are a number of key dates for your diary in the coming months, with the lead up to the festive season an expensive time. Here are some days to look out for in the coming weeks.

Glasgow Live

Brexit partly to blame for high inflation, says Bank of England economist

Leaving EU ‘plays a part’ in wider economic woes, says Huw Pill

The Independent UK

Bank of England ‘blindsided’ by Kwasi Kwarteng’s mini-budget, says governor

Andrew Bailey tells Lords committee of ‘extraordinary process’ with ‘no formal communication’ between Treasury and Bank

The Guardian - UK

The Leader podcast: Mini-Budget ‘moneybomb’ fallout revealed

Bank of England mortgage debt data reveals impact of Truss premiership

Evening Standard

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news in one place.

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Liverpool Echo

Number of mortgage approvals for house purchase falls to lowest level in two years

The number of mortgages approved in October 2022 was the lowest since the pandemic

The Guardian - UK

UK mortgage approvals for October fall 10% after mini-budget

Homebuyers face higher interest costs, as lending figures slump to lowest monthly total since June 2020

Daily Mirror

Ten money changes in December including DWP Christmas bonus and £300 cost of living cash

There are plenty of financial changes happening in December to note down in your diary, including more cost of living help, energy rebates - plus a potential change to your benefit payments

The Independent UK

Number of mortgage approvals for house purchase falls to lowest level since 2020

The number of mortgage approvals made to home buyers in October was the lowest since June 2020.

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news in one place.

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The Guardian - UK

Bulb’s takeover by Octopus ‘faces fresh delay’; Bank of England blindsided by ‘extraordinary’ mini-budget – as it happened

Bank of England governor Andrew Bailey is facing the House of Lords economic affairs committee

Wales Online

UK homeowners settling for lower prices as housing market continues to slide

The continued cost-of-living crisis, combined with the Bank of England's prediction of an enduring recession, is likely to cause the housing market to slow even further as we approach 2023

The Guardian - UK

High-rise mortgage costs see surge in rents across the UK

House prices may be falling as interest rates climb, but there’s no respite for tenants as property shortages bite

Daily Record

Rare Scots banknotes auctioned to raise cash for food banks amid cost of living crisis

Natwest are auctioning off all of their rare banknotes, including a £50 note that is hoped to fetch almost £2000.

The Independent UK

Rare banknotes going under the hammer to help raise money for food banks

NatWest is putting some of its rare banknotes up for auction and it is hoped the sales could raise more than £400,000.

The Conversation

Canada should focus on building ties with countries that share its values — but tread carefully

In his recent book, Values: Building a Better World for All, economist and former governor of the Bank of Canada and Bank of England Mark Carney argued that economic activity should be intentionally linked to the social and political outcomes it generates.

The Guardian - UK

Threat to UK financial services watchdogs off the table

Government ‘committed’ to financial regulators says City minister

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People

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