Bank of England

Will the Bank of England raise interest rates today?
The headquarters of the Bank of England in London
In Brief

Will the Bank of England raise interest rates today?

A stagnating consumer economy and low GDP growth could push back rate hike
10 May 2018
Interest rate rise on hold as service industries falter
The Bank of England
In Brief

Interest rate rise on hold as service industries falter

Purchasing managers’ index rises by less than anticipated
4 May 2018
Interest rates ‘likely to rise in May’ despite Brexit
The Bank of England
In Brief

Interest rates ‘likely to rise in May’ despite Brexit

Most economists polled by Reuters still expect summer rate rise but don’t see follow up for another year
9 Mar 2018
Old £10 notes: £2bn must be spent before March deadline
 Governor of the Bank of England, Mark Carney, introduces the new ten pound note
In Brief

Old £10 notes: £2bn must be spent before March deadline

New polymer £10 will consign paper note to history at the end of the month
19 Feb 2018
BoE holds interest rate at 0.5% and upgrades growth forecast
Mark Carney
In Brief

BoE holds interest rate at 0.5% and upgrades growth forecast

But analysts predict rate rise as soon as May
8 Feb 2018
UK’s seven largest banks pass BoE stress test
The Bank of England based on Threadneedle Street is set to raise rates today
In Brief

UK’s seven largest banks pass BoE stress test

But RBS and Barclays would have failed based on capital positions at the end of 2016
28 Nov 2017
Interest rates rise for first time in a decade to 0.5%
Bank of England
In Brief

Interest rates rise for first time in a decade to 0.5%

Almost four million households face higher mortgage payments
2 Nov 2017
What does the interest rate rise mean?
The Bank of England based on Threadneedle Street is set to raise rates today
In Depth

What does the interest rate rise mean?

Borrowers to be hit while savers benefit - but is it a good idea?
2 Nov 2017
UK growth fuels speculation of interest rate rise
The Bank of England
In Brief

UK growth fuels speculation of interest rate rise

Economy shrugs off Brexit doubts to deliver better-than-expected performance in Q3
25 Oct 2017
Biggest cut to consumer loans since financial crisis
bw-money.jpg
In Brief

Biggest cut to consumer loans since financial crisis

Cutback comes after repeated warnings from the Bank of England over the pace of household lending
13 Oct 2017
Carney: interest rates to rise in ‘relatively near term’
markcarney.jpg
In Brief

Carney: interest rates to rise in ‘relatively near term’

Financial markets expect 0.5% rate rise in November
29 Sep 2017
Will interest rates rise this year?
The Bank of England
In Brief

Will interest rates rise this year?

Bank of England says higher inflation and a pick-up in growth could lead to first rate hike in a decade
15 Sep 2017
Inflation jumps to 2.9% as petrol and clothing prices rise
bankofengland.jpg
In Depth

Inflation jumps to 2.9% as petrol and clothing prices rise

Bigger-than-expected inflation hike puts pressure on the Bank of England to raise interest rates
12 Sep 2017
Pound plunges after Bank of England's dovish rates signal
Mark Carney
In Depth

Pound plunges after Bank of England's dovish rates signal

Central bank revises its growth forecast for UK economy
3 Aug 2017
Bank of England faces first ever Threadneedle Street strike
Bank of England
In Brief

Bank of England faces first ever Threadneedle Street strike

Union members vote for four-day walkout over one per cent pay rise
4 Jul 2017
Interest rates, inflation and the wider economy
Bank of England Seal
In Depth

Interest rates, inflation and the wider economy

Consumer prices are surging and wages are in decline – so why isn't the Bank of England moving?
16 Jun 2017
UK 'faces prolonged period' of economic weakness
wd-eu_pound_hit.jpg
In Brief

UK 'faces prolonged period' of economic weakness

EY Item Club warns vote for Brexit will hit GDP, while household incomes will be squeezed by rising inflation
17 Oct 2016
New plastic £5 note: Everything you need to know
Plastic five pound note
In Brief

New plastic £5 note: Everything you need to know

New £10 and £20 notes will follow, but there are no plans for a £50 model
16 Sep 2016
One in eight stop work before retirement due to illness
Pensions
In Brief

One in eight stop work before retirement due to illness

TUC says 12% of workers are forced to quit before pension age because of ill health or disability
5 Sep 2016
How Brexit could lead to employment disputes – and divorce
Bank of England
In Depth

How Brexit could lead to employment disputes – and divorce

Pro-Leave workers lodge legal complaints over 'cultural bullying', while Relate offers help to couples at war
15 Aug 2016
Interest rates 'as likely to fall as to rise'
The Bank of England's chief economist Andy Haldane
In Brief

Interest rates 'as likely to fall as to rise'

Sterling falls 1.5 per cent after Bank of England chief economist says interest rates could go down rather than up
20 Mar 2015
London house prices fall – but elsewhere they're rising
London houses
In Brief

London house prices fall – but elsewhere they're rising

Properties in the capital are bucking the house-price trend, but likely to become 'more unaffordable' in the medium term
12 Mar 2015
UK unemployment down – but so is the average wage
Unemployment figures nearing six-year low
In Brief

UK unemployment down – but so is the average wage

Economists warn of 'paymageddon' as average wages see 'shock' fall for the first time in five years
13 Aug 2014
Mark Carney steps in to cool house prices
Mark Carney, the Governor of the Bank of England
In Brief

Mark Carney steps in to cool house prices

Bank of England governor Mark Carney announces caps on high-risk mortgage lending
26 Jun 2014
MORTGAGE FEAR: Rates could rise by end of year
Governor of the Bank of England Mark Carney
In Brief

MORTGAGE FEAR: Rates could rise by end of year

Chancellor gives Bank of England new powers to restrict mortgages as Mark Carney warns on rates
13 Jun 2014
House prices: Bank of England faces a delicate balancing act
House prices
In Depth

House prices: Bank of England faces a delicate balancing act

What should the BoE do to quell an incipient bubble, without harming the wider recovery?
16 May 2014
MARK CARNEY: Forex threatens BoE's credibility
mark-carney02.jpg
In Depth

MARK CARNEY: Forex threatens BoE's credibility

The Bank of England’s embroilment in the gathering forex-rigging scandal poses big risks to its reputation
14 Mar 2014
UK inflation drops below Bank of England target
Bank of England
In Brief

UK inflation drops below Bank of England target

Bank says rate will fall further from today's 1.9 per cent figure, reaching 1.7 per cent in March
18 Feb 2014
MARK CARNEY: 'ingenious' reversal of forward guidance
mark-carney-1.jpg
In Depth

MARK CARNEY: 'ingenious' reversal of forward guidance

New era of monetary policy is dead on arrival, but Mark Carney is relatively unscarred
13 Feb 2014
MOLE: Good news on jobs - what about mortgages?
Mole
In Depth

MOLE: Good news on jobs - what about mortgages?

Better than expected unemployment figures will put pressure on Bank Governor to raise interest rates
22 Jan 2014
Five suggestions for Mark Carney on first day at BoE
mark-carney02.jpg
In Depth

Five suggestions for Mark Carney on first day at BoE

Can the 'rock star' Canadian overcome bank's 'stodgy' culture and revitalise the UK economy?
1 Jul 2013
Bank of England's Mark Carney in a proud Canuck tradition
Crispin Black
In Depth

Bank of England's Mark Carney in a proud Canuck tradition

'Rock star banker' isn't the first Canadian recruit to come to Britain's aid in difficult times
28 Jun 2013
BANKING: Is Mark Carney bracing for rough ride in UK?
Columnist
In Depth

BANKING: Is Mark Carney bracing for rough ride in UK?

Is the new Bank of England governor not expecting his honeymoon to last long, asks Nigel Horne
26 Jun 2013
Will new Bank of England chief Carney devalue pound?
mark-carney-1.jpg
In Brief

Will new Bank of England chief Carney devalue pound?

World's biggest bond fund suggests Canadian may have no choice to help UK recover from recession
30 May 2013
Bob Diamond: Money isn't my goal, I don't even own a boat
Bob Diamond
In Brief

Bob Diamond: Money isn't my goal, I don't even own a boat

Shamed former Barclays boss admits 'I didn't understand Libor' in first interview since he quit
3 May 2013
ECONOMY: New BoE chief says UK still in 'crisis'
mark_carney.jpg
In Brief

ECONOMY: New BoE chief says UK still in 'crisis'

Mark Carney says US is forging ahead of Britain, Japan and eurozone
19 Apr 2013
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