20 h. ago Rise in number of mortgage approvals to home buyers in May, says Bank of England

The increase in mortgage approvals for house purchase was described as a ‘welcome breath of fresh air’ by one housing market expert.

Economics

3 d. ago Voices: When it’s Rachel Reeves vs Andrew Bailey, I know who my money’s on

The governor of the Bank of England's response to the chancellor trying to talk up the flagging jobs market is quietly devastating, writes James Moore

Politics

4 d. ago Business news live: FTSE 100 latest updates with Bank of England warning of jobs market slowdown

Stock markets latest updates and business news on Friday

Events

4 d. ago Bank governor flags signs that employment tax hikes are hitting pay and jobs

Andrew Bailey also said pay growth is easing but policymakers still need to ‘squeeze out’ stubborn inflation.

Economics

6 d. ago Bank chief says world ‘too unpredictable’ when forecasting UK economic outlook

Andrew Bailey said he viewed domestic issues as more important than global ones when it comes to setting interest rates.

Economics

6 d. ago Bank of England governor Andrew Bailey warns Trump trade wars are creating unpredictability; UK restricts steel imports – as it happened

Bailey says the BoE doesn’t know how trade wars will play out, as UK brings in new restrictions on steel imports Oil prices sink after Iranian strike on US airbase reduces fears of market disruptionTravel and leisure stocks across Europe are rallying too.This has pushed up the STOXX Europe travel and leisure index by 4.1% in early trading, which Reuters reports it the biggest one-day jump since 10 April. Continue reading...

Events

6 d. ago Bank of England governor Andrew Bailey warns Trump trade wars are creating unpredictability; UK restricts steel imports – business live

Oil has fallen to its lowest level since June’s conflict began, while stock markets have jumped across Asia and EuropeOil prices sink after Iranian strike on US airbase reduces fears of market disruptionTravel and leisure stocks across Europe are rallying too.This has pushed up the STOXX Europe travel and leisure index by 4.1% in early trading, which Reuters reports it the biggest one-day jump since 10 April. Continue reading...

Events

6 d. ago Premium Bonds prize fund rate will be cut from August, NS&I announces

One finance expert said the ‘writing has been on the wall’ for Premium Bond prizes since a recent Bank of England base rate cut.

Politics

1 week ago Finance expert warns savers ‘loyalty does not pay’ after Bank of England holds base rate

Now is the time to check how much your savings are earning and switch to a better returns rate.

Events

1 week ago Bank of England boss not ‘convinced’ of need for digital pound

The Bank and the Government are in the process of exploring the launch of a digital pound.

Economics

1 week ago The Bank of England never misses an opportunity to miss an opportunity, says ALEX BRUMMER

The latest minutes from the Bank of England show that after an unexpectedly firm start to the year, the British economy has descended into gloom.

Politics

1 week ago Bank of England boss Andrew Bailey sounds alarm over jobs as it leaves interest rates on hold

Bailey (pictured) said there had been 'signs of softening in the labour market' as a Bank survey found employers are slamming the brakes on pay rises.

Economics

1 week ago Stocks dip as Bank of England leaves interest rates unchanged

The FTSE 100 index closed down 51.67 points, 0.6%, at 8,791.80.

Politics

1 week ago Voices: Don’t panic, chancellor – there’s still hope for interest rate cuts

Forget homeowners with tracker mortgages or those desperate for a better deal – the person who’s hurting the most from the Bank of England’s decision not to lower interest rates is Rachel Reeves, says James Moore

Politics

1 week ago Interest rates UK: Bank of England move today could make a mortgage more costly

The rate decision offers little relief as bills stay high and pressure on households grows 💸

Economics

1 week ago Savers warned ‘loyalty does not pay’ as Bank of England base rate held at 4.25%

Average savings rates have been on a downward path in recent weeks, but some providers have unveiled new products.

Events

1 week ago What the latest interest rates mean for your mortgage, savings and bills

The base rate has been held by the Bank of England at 4.25 per cent

Economics

1 week ago Interest rates – live: Bank of England holds rate amid oil and inflation concerns

Rate remains at 4.25 per cent as experts look to balance higher inflation with economic growth

Economics

1 week ago Interest rates held at 4.25% but with three votes for a cut: What it means for your mortgage and savings

The Bank of England has held interest rates at 4.25% as it continues to tread carefully amid fears of resurgent inflation.

Politics

1 week ago Bank of England holds interest rates at 4.25% amid fears Middle East crisis and rising food inflation could increase cost

Most economists had predicted that the Bank of England's Monetary Policy Committee (MPC) would opt to keep interest rates on hold at 4.25 per cent following its latest meeting.

Economics