79 m. ago Bank of England base rate hold impact on home buyers and savings accounts

The Bank of England has kept the base rate on hold at 4 per cent.

Economics

1 hour ago Bank of England voices inflation concerns as it holds main UK interest rate at 4%

The Bank of England has held its main interest rate at 4% as U.K. inflation concerns weigh on policymakers

Economics

1 hour ago What the Bank’s decision to hold interest rates means for you

Following the Bank of England’s decision to hold interest rates at 4 per cent today, Scotsman Money has gathered together some expert opinion to throw some light on the thinking behind the freeze.

Politics

2 h. ago Bank of England holds UK interest rates at 4% amid inflation concerns as mortgage holders issued warning

MPC vote latest along with stock market news plus business and finance updates from Thursday

Economics

3 h. ago Bank of England holds interest rates at 4% amid inflation concerns as mortgage holders issued warning

MPC vote latest along with stock market news plus business and finance updates from Thursday

Economics

3 h. ago What the Bank of England interest rate hold at 4% means for your mortgage and savings

The Bank of England has held interest rates at 4% as it continues to tread carefully amid fears of resurgent inflation.

Economics

7 h. ago Interest rates live: Bank of England expected to vote for hold at 4% amid ongoing inflation concerns

MPC vote latest along with stock market news plus business and finance updates from Thursday

Economics

31 h. ago UK overall inflation remains at 3.8% in August, but food price growth climbs for fifth month in a row

Food prices rise at fastest rate since January 2024 with vegetables, milk, cheese and fish going up; Bank of England expected to keep interest rates on hold on ThursdayAt 3.8%, the latest UK inflation data certainly isn’t welcome news for the Bank of England ahead of its decision on Thursday, where it’s widely expected to leave rates on hold, said James Smith, developed markets UK economist at ING.Yet the latest data doesn’t dramatically move the needle one way or another on the prospect of a further rate cut later this year.Inflation is more or less at a peak, though it’s likely to stay in the 3.5-4% area for the rest of this year.However, we think there is still scope for services inflation to undershoot the Bank’s forecasts further in the next release for September. And more broadly, we are seeing a significant easing in rental growth, which is set to be a significant source of service sector disinflation over the coming months.If we’re right about that, it would tip the balance ...

Economics

3 w. ago Bank of England policymaker calls for interest rates to stay on hold for longer

Catherine Mann, a member of the Bank’s Monetary Policy Committee (MPC), said keeping rates at the current level was ‘appropriate right now’.

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