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#interest-rates
UK news
fromwww.independent.co.uk
1 month ago

Bank of England unanimously votes to pause interest rates as Iran worries grow

The Bank of England maintained interest rates at 3.75% due to inflation concerns from Middle East tensions, despite previous expectations of rate cuts.
UK news
fromLondon Business News | Londonlovesbusiness.com
1 month ago

Iran war halts BoE interest rate cut as energy shock squeezes Brits - London Business News | Londonlovesbusiness.com

Rising energy costs from Middle East conflict have eliminated expectations for an interest rate cut, with the Bank of England likely maintaining rates at 3.75% to combat inflation risks.
UK news
fromwww.theguardian.com
4 hours ago

Bank of England warns higher inflation is unavoidable' after leaving interest rates on hold

The Bank of England has kept interest rates at 3.75% but warns of future hikes due to rising inflation from the Middle East conflict.
UK news
fromwww.independent.co.uk
1 month ago

Bank of England unanimously votes to pause interest rates as Iran worries grow

The Bank of England maintained interest rates at 3.75% due to inflation concerns from Middle East tensions, despite previous expectations of rate cuts.
#uk-inflation
#gbpusd
UK news
fromBusiness Matters
4 weeks ago

Bank of England warns Iran war could trigger financial crisis risks

Escalating Middle East tensions could lead the UK towards a financial crisis due to rising energy costs and market volatility.
fromwww.independent.co.uk
4 weeks ago

The best regular savings accounts earning you up to 7% in interest

The most recent Consumer Prices Index (CPI) inflation reading was 3 per cent in February - but this data is from before the Iran war, and experts are expecting inflation to increase.
Retirement
#inflation
UK news
fromwww.independent.co.uk
1 month ago

Reeves warns of significant' impact of Iran war on economy as prices to soar: Latest

The outlook for inflation has significantly changed due to the Middle East conflict, raising concerns for the Bank of England.
UK news
fromwww.independent.co.uk
1 month ago

Reeves warns of significant' impact of Iran war on economy as prices to soar: Latest

The outlook for inflation has significantly changed due to the Middle East conflict, raising concerns for the Bank of England.
#financial-regulation
UK news
fromwww.independent.co.uk
1 month ago

Troubled UK bank fined 2 million for misleading financial watchdog

The Bank of England fined the Bank of London £2 million for misleading regulators and failing to act with integrity amid financial difficulties.
#monetary-policy
fromLondon Business News | Londonlovesbusiness.com
4 months ago
UK news

What the rate cut means for consumers and the UK economy - London Business News | Londonlovesbusiness.com

Bank of England cut the base rate to 3.75% to prioritise financial stability amid downturn, rising unemployment and weak consumer spending despite inflation above target.
fromLondon Business News | Londonlovesbusiness.com
5 months ago
UK news

The economy 'doesn't need shock therapy, it needs sensible calibration' - London Business News | Londonlovesbusiness.com

A Bank of England interest-rate cut in December is the most likely action due to cooling labour market, easing inflation and slowing economic activity.
UK news
fromwww.independent.co.uk
1 month ago

How Iran war could derail the economy and Labour

The Bank of England's monetary policy committee unanimously voted to hold interest rates at 3.75 percent due to uncertainties from the Iran war, reversing expectations for a rate cut.
fromwww.theguardian.com
1 month ago

What's worth more: Churchill or a woke badger? Welcome to Britain's banknote culture war | Jonn Elledge

A consultation last July found that 60% of the 44,000 responses backed the idea of taking nature as the theme, just in front of architecture and landmarks on 56%, and way ahead of historic figures at a measly 38%. Whether the public would have been quite so keen if they'd known upfront that household pets would be explicitly excluded from possible designs, I'm not so sure.
UK politics
UK news
fromwww.independent.co.uk
1 month ago

Churchill and Austen to be replaced on UK new banknotes by wildlife

The Bank of England will replace historical figures with UK wildlife imagery on its next banknote series, chosen through public consultation where wildlife received 60% of votes.
EU data protection
fromTheregister
1 month ago

Bank of England says digital pound still in design phase

The UK remains in the design phase of its digital pound while the EU accelerates digital euro development to strengthen sovereignty, with the Bank of England deciding on retail CBDC this year.
UK news
fromwww.independent.co.uk
1 month ago

UK mortgage approvals plummet to lowest level in two years

Mortgage approvals in the UK fell to a two-year low of 59,999 in January 2026, while house prices showed modest growth of 0.3% monthly and 1.0% annually.
UK news
fromBusiness Matters
2 months ago

UK unemployment hits five-year high as wage growth cools

UK unemployment rose to 5.2% while wage growth slowed to 4.2%, increasing market expectations of imminent Bank of England interest-rate cuts.
#sterling
fromBusiness Matters
2 months ago

Bank of England Governor 'shocked' by Mandelson leaks to Epstein

Asked whether sufficient safeguards exist to prevent those in positions of power from misusing market-sensitive information, Bailey said there was a "very clear" legal framework for dealing with potential breaches and that it was appropriate for the Mandelson allegations to be handled by law enforcement. He also stressed that the focus should remain on Epstein's victims, asking: "How is it that we live in a society that this happened and was allowed to happen?"
UK politics
UK news
fromBusiness Matters
3 months ago

Bank of England accelerates Leeds expansion as part of cost-cutting overhaul

The Bank of England will allocate 50% of external hires to Leeds to reach 500 staff by 2027 while cutting costs and reducing roles.
fromBusiness Matters
3 months ago

Nigel Farage renews pledge to tax banks by scrapping Bank of England interest payments

Quizzed on whether the proposal, first outlined in Reform UK's 2024 manifesto, remained party policy, Farage replied bluntly: "We are going to do it." "Some of the banks won't like it," he added. "Well, I don't like the banks very much because they debanked me, didn't they? This will be tough for banks to accept, but the drain on public finances is just too great."
UK politics
US politics
fromwww.independent.co.uk
3 months ago

Bank of England must plan for a financial crisis triggered by aliens'

A former Bank of England analyst warns the UK must prepare financially for potential market turmoil if the US confirms the existence of non-human intelligence.
UK news
fromTheregister
3 months ago

Bank of England: Oracle cloud migration project bill triples

Bank of England increased its Version 1 Oracle implementation contract to £21.5 million to support phased Oracle Cloud migration and additional implementation work.
UK news
fromwww.theguardian.com
3 months ago

Deep in the vaults: the Bank of England's 1.4bn Venezuelan gold conundrum

The Bank of England holds about 31 tonnes of Venezuela's gold, sparking legal and geopolitical disputes over control and access to billions in bullion.
UK politics
fromwww.independent.co.uk
4 months ago

Bank of England governor delivers warning over AI's impact on jobs

Widespread AI adoption will likely cause significant job displacement in the UK, mirroring the Industrial Revolution and requiring training, education, and AI-related skills.
UK politics
fromwww.independent.co.uk
4 months ago

Early Christmas present for homeowners as Bank of England cuts base rate

Bank of England's base rate cut to 3.75% will reduce monthly payments for tracker and SVR mortgage holders, while urging support for independent journalism.
#uk-unemployment
Miscellaneous
fromTheregister
4 months ago

ECB messaging project delay cost Bank of England 23M

Bank of England's RTGS modernization cost £431m, rose £56m over contingency, with an ECB ISO 20022 delay adding £23m and prompting replans.
UK politics
fromwww.theguardian.com
4 months ago

UK economy shrank unexpectedly before budget, data shows

UK GDP fell 0.1% in October, fourth month without growth, driven by services decline, weak car and retail sales, and budget-related caution.
UK news
fromwww.bbc.com
4 months ago

Bank of England warns of AI bubble risk

UK central bank warns AI-focused tech valuations are highly stretched and a sharp correction could raise financial stability risks, driven by large, debt-funded AI investment.
UK news
fromwww.independent.co.uk
4 months ago

Cyber attacks among biggest risks to financial stability, Bank chief warns

Cyber attacks rank among the top risks to UK financial stability as threats keep evolving and cannot be completely mitigated.
London
fromwww.timeout.com
5 months ago

The Bank of England is getting an enormous glow-up

Bank of England’s Grade I-listed Threadneedle Street headquarters will undergo a 2026–2029 internal refurbishment to replace aging infrastructure and adapt office space while preserving heritage.
UK news
fromwww.independent.co.uk
5 months ago

Some good news' for mortgage borrowers despite base rate being maintained

Donations sustain free independent journalism while mortgage affordability improves slightly as lenders cut fixed rates despite the Bank of England holding rates at 4%.
Miscellaneous
fromTheregister
5 months ago

Bank of England says JLR's cyberattack damaged UK GDP growth

A cyberattack on Jaguar Land Rover materially reduced UK GDP growth, prompted government financial support, and constituted a systemic economic shock to the UK.
UK politics
fromwww.theguardian.com
6 months ago

The Guardian view on the budget: what a Labour chancellor should really say | Editorial

A Labour government will balance the economy by investing 1% of GDP annually, taxing financial trades, partnering with the Bank, and rebuilding British industry.
Business
fromwww.bbc.com
6 months ago

Bank of England chief tops 2026 Powerlist as UK's most influential black person

Afua Kyei, Bank of England CFO, named UK's most influential Black person; oversees the Bank's £1 trillion balance sheet and champions working parents and diversity.
fromwww.bbc.com
6 months ago

Flynn to raise Brexit 'folly' with Bank of England boss

Flynn said he would raise the "folly" of Brexit and "the economic impact that's had upon the UK, which has led to budget cuts right across these isles". He added: "And who's the man responsible for that? Nigel Farage. "So who knows, myself and the governor of the Bank of England might have an interesting conversation in that context and based upon his comments of late in respect to Brexit, we'll probably agree."
UK politics
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