Bank of England
‘Cloudy’ economic outlook looms over Labour as 2024 draws to a close
Since winning the UK’s general election in July, Labour has faced sharp swings in the economic outlook and a shifting public mood.
PM says he would not change a thing despite bruising first five months in power
Sir Keir Starmer acknowledged his Government had done ‘tough stuff’ since coming to office in July.
Bank of England holds interest rates at 4.75% but says UK economy stagnating
The Bank’s Monetary Policy Committee said it was keeping rates unchanged on Thursday following a divided vote among policymakers.
Base rate hold is ‘not the early Christmas present that many would have wanted’
Mortgage rates are likely to continue to ‘yo-yo’ over the next few months, one expert suggested.
UK interest rates held at 4.75% amid ‘heightened economic uncertainty’
The Bank of England said it was keeping rates unchanged on Thursday after cutting the level in August and again in November.
UK interest rates set to be held at 4.75% after inflation rises again
The Bank of England will announce the results of its next policy decision on Thursday.
UK interest rates set to be held at 4.75% after inflation rises again
The Bank of England will announce the results of its next policy decision on Thursday.
Bank set to hold rates as wage growth rises for first time in more than a year
Official figures showed regular earnings growth rose by more than expected, to 5.2% in the three months to October.
Bank of England expected to hold interest rates after jump in inflation
Policymakers are unlikely to give mortgage holders an early Christmas present this year, after inflation rose in October.
National insurance hike ‘biggest issue’ after Budget, Bank chief says
Andrew Bailey, speaking at the Financial Times’ Global Boardroom, said it is not yet clear what effect the tax change could have on inflation.