Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from The Bank of England

Zero-interest periods on credit cards expected to increase ahead of Christmas

Interest-free periods on credit cards both for balance transfers and for purchases are expected by lenders to rise, the Bank of England said.

Evening Standard

UK shoppers set to be handed boost with zero-interest credit cards

A report also anticipates a rise in credit card defaults in the coming months

The Independent UK

‘Rising’ risk UK economy will fall into negative growth, says Bank’s Taylor

The rate-setter said he thinks the likelihood of a ‘soft landing’ following the recent uptick in inflation is now receding.

The Independent UK

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

Fresh fears for homeowners and buyers as mortgage rates creep back up

Average two and five-year fixed mortgage rates have risen for the first time in months

The Independent UK

Some average mortgage rates ‘jump month-on-month for first time since February’

With sticky inflation, ‘any imminent base rate cuts by the Bank of England seem unlikely’, Moneyfacts said.

Evening Standard

Worry for homeowners as average mortgage rates rise for first time since February

Higher than expected inflation has dashed hopes of a series of interest rate cuts from the Bank of England

Evening Standard

What could burst the AI bubble?

Some of the world’s biggest tech firms have soared in value over the last year. As AI evolves at pace, there are hopes that it will improve lives in ways that people could never have imagined a decade ago – in sectors as diverse as healthcare, employment and scientific discovery.

The Conversation

Read news from The Economist, FT, and more,
with one subscription

As AI bubble warnings mount, a 23-year-old’s $1.5 billion hedge fund shows how prophecy turns into profits

As central bankers warn of an AI bubble, Silicon Valley’s true believers are doubling down—turning AGI prophecy into cash, clout, and billion-dollar bets.

Fortune

Mark Carney’s climate inaction is at odds with his awareness of climate change’s existential threat

Mark Carney has long been recognized as an authority on climate change. In 2015, as the governor of the Bank of England, he gave his famous “tragedy of the horizon” speech that introduced climate change to bankers as a threat to international financial stability.

The Conversation

Bank of England, IMF, warn AI bubble risk has shades of 2000 dotcom crash — Goldman Sachs cautions we're not there 'yet'

Major banking institutions are starting to warn of an impending market correction for AI companies and their stock prices. Although not all agree when it'll happen, most suggest it is coming as the major industry players continue to invest in each other, driving up investments and share prices in turn.

Tom’s Hardware

JP Morgan boss and BoE warn on risk of stock market slump

Bank’s Financial Policy Committee make comparison with dot com crash

Evening Standard

Is there an AI bubble? Financial institutions sound a warning

Financial institutions are raising concerns about a potential AI investment bubble

The Independent UK

Inflation target provides clear benchmark, says Bank of England chief economist

The target has helped to anchor longer-term inflation expectations, Huw Pill said in a speech.

Evening Standard

Bank of England warns of growing risk that AI bubble could burst

Possibility of ‘sharp market correction has increased’, says Bank’s financial policy committee

The Guardian - UK

Get all your
news in one place.

100's of premium titles.
One news app.

Evening Standard

Bank governor says UK innovation needs ‘supportive’ investment environment

Andrew Bailey was speaking at a summit in Edinburgh on Monday.

The Independent UK

UK can ‘reap the benefits’ of stablecoins in finance, says Bank governor

Andrew Bailey said it would be ‘wrong to be against stablecoins as a matter of principle’.

International Business Times UK

UK Business Confidence Plunges to Record Low as Labour and Energy Costs Bite

UK business confidence hits record low in September as labour and energy costs surge. IoD urges Reeves to deliver a growth-focused November budget.

The Independent UK

Food prices could rise again thanks to new ‘packaging tax’

The extended producer responsibility (EPR) scheme is likely to place a ‘significant financial burden’ on UK retailers and households

Get all your
news in one place.

100's of premium titles.
One news app.

Evening Standard

Keeping rates high for too long ‘could pull inflation below target’

The Bank of England’s Sarah Breeden warned that economic output could also be affected.

International Business Times UK

Reeves' Bold Pledge: Guaranteed Paid Placements for Unemployed Youth – Promising Rate Cut or Could It Spark Labour Fears?

Chancellor Rachel Reeves pledges paid placements for every young person on Universal Credit for 18 months, targeting 621,000 unemployed youth in 2025

The Guardian - UK

Farage steps up calls for Bank of England to halt bond sales

Reform UK leader presses governor Andrew Bailey over quantitative easing in meeting at Threadneedle Street

Evening Standard

Farage presses Bank governor on cryptocurrency and quantitative easing

The meeting with Andrew Bailey was described as a positive engagement.

Evening Standard

Blow for Reeves as business output slows sharply in September

Economists warn of “litany of worrying news” as PMI survey reading falls to lowest level for five months

The Independent UK

Mixed markets in London as Donald Trump and Xi Jinping talk

It comes in a week when interest rate decisions went mostly as expected.

The Guardian - UK

What is quantitative tightening and how has it affected UK finances?

The Bank of England’s disposal of the bonds it bought after the 2008 financial crisis is being slowed down

1 … 10 11 12 13

People

Leopold Aschenbrenner

13 stories

Anna Leach

10 stories

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

Organisations

International Monetary Fund

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.