Bank of England
Scottish Central Bank needed on day one of independence, report urges
A new macroeconomic report argues that an independent Scotland must establish a tailored central bank from day one rather than relying on transitional arrangements tied to the Bank of England.
UK economic growth to slow next year amid Middle East conflict impact
International forecasters warn that UK economic growth will slow next year as fallout from the Middle East conflict hits energy markets and stokes inflation.
Asda data shows UK household spending power falls to six‑month low
UK household spending power has dropped to a six-month low as surging essential costs outpace ordinary wage increases, according to fresh Asda data.
Fed, BoE Scrutinise Banks Over Jane Street's $15B Loss
The Federal Reserve and Bank of England have launched targeted inquiries into major global financial institutions following Jane Street's $15 billion trading loss.
British home price increases to lag inflation this year and next
New polling data reveals British home price increases will lag behind wider inflation this year and next as high borrowing costs constrain buyer demand.
Bank of England likely to keep rates steady
The Bank of England kept the Bank Rate unchanged at 3.75% for a sixth consecutive meeting, as rising energy prices keep inflation above target.
UK inflation rises to 3.1% further complicates Bank of England meeting
UK inflation rose to 3.1% in August due to soaring fuel and energy costs, increasing pressure on policymakers as they prepare their interest rate decision.
UK inflation rises to 3.1% as petrol prices and airfares surge
UK consumer price inflation climbed to 3.1% in August, driven by surging fuel costs and airfares, raising pressure on the Bank of England ahead of its rate decision.
UK inflation rises to 3.1% in August as fuel costs surge
UK inflation climbed back above three per cent in August driven by soaring fuel costs, placing renewed pressure on households and the Bank of England.
UK inflation rate rises to 3.1% in year to August
UK inflation has climbed to 3.1% due to surging fuel and transport costs driven by Middle East tensions, heaping fresh financial pressure on households.
Bank of England expected to raise interest rates four times
Money market traders are heavily betting that the Bank of England will raise interest rates four times by next summer, pushing the rate to 4.75% as energy costs surge.
Propertymark warns UK housing market faces crunch time ahead of Budget
The UK housing market faces a critical autumn as major lenders reprice mortgage deals upward amid surging wholesale costs and impending fiscal policy updates.
UK inflation jumps to 2.9% in July as Iran war spikes energy costs
UK consumer-price inflation rose to 2.9% in July after conflict in the Middle East sent gas and electricity prices sharply higher, threatening household budgets.
UK inflation rises to 2.9% in July after energy bills spike
UK inflation climbed to 2.9% in July following a sharp increase in household energy bills driven by Ofgem's price cap adjustment.
Bank of England holds interest rates at 3.75 percent amid Iran war risks
The Bank of England has kept its benchmark interest rate frozen at 3.75 per cent, marking the fifth consecutive meeting borrowing costs remained unchanged.
Bank of England holds rates at 3.75% as split vote signals hawkish tilt
The Bank of England kept interest rates at 3.75% following a tighter 6-3 vote, as policymakers warn that ongoing energy price volatility could keep inflation elevated.
Andy Burnham gets boost as UK inflation falls to 2.6% in June
Inflation slowed to 2.6% in June, driven by declines in fuel, clothing, and food prices. Economists warn that rising energy costs may trigger a future rebound.
KPMG warns rising energy prices threaten UK growth and interest rate cuts
Rising energy costs and supply disruptions are putting the UK's economic recovery at risk and keeping inflation above the Bank of England's 2 percent target. Analysts are divided on whether borrowing costs will fall by the end of 2026 or remain steady due to persistent inflation.
Pound hits one-year high on prospects of Shabana Mahmood as Chancellor
The pound surged as markets reacted to the anticipated appointment of the fiscally conservative Mahmood, though analysts warned the rally reflects relief.
UK economy retains fifth-largest global ranking as service sector grows
The UK economy grew by 0.6% in the first quarter of 2026, led by the services sector. However, the Bank of England warns that rising energy costs may drive inflation.