7 h. 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

7 h. 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

11 h. 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

12 h. 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

13 h. 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

13 h. ago Democrats ‘weaker than ever’ amid ‘existential’ Trump crisis as ‘whiny’ and ‘invisible’ new leader dithers: report

Democrats worry they are missing the opportunity to counter an ‘serious existential crisis with Donald Trump’

Politics

16 h. 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

16 h. 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

16 h. 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

16 h. 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

16 h. 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

16 h. ago UK interest rates kept on hold with Bank alert to ‘highly unpredictable’ world

The Bank of England’s Monetary Policy Committee decided to keep rates unchanged at 4.25%.

Events

18 h. ago UK's central bank set to keep interest rates on hold amid Middle East uncertainties

The Bank of England is set to keep interest rates on hold as fears grow that the conflict between Israel and Iran will escalate to involve the United States and send oil prices soaring and push U.K. inflation further above target

Politics

19 h. ago Brits face wait for interest rates relief with Bank of England poised to hold amid anxiety over Middle East crisis and 'sticky' inflation

The Monetary Policy Committee looks set to keep the base rate at 4.25 per cent when the latest decision is announced at noon.

Economics

19 h. ago UK interest rates expected to remain on hold; rate cuts in Norway, Switzerland and the Philippines – business live

Central bankers warn that trade war worries, and conflict in the Middle East, could hurt growthNewsflash: We have a third interest rate cut this morning!Norway’s central bank has surprised analysts by cutting its policy rate by a quarter of one percentage point, to 4.25%. The rate had been set at 4.5% since December 2023.“Inflation has declined since the monetary policy meeting in March, and the inflation outlook for the coming year indicates lower inflation than previously expected.A cautious normalisation of the policy rate will pave the way for inflation to return to target without restricting the economy more than necessary.”“The uncertainty surrounding the economic outlook is now greater than normal. If the economy takes a different path than currently envisaged, the policy rate path may be adjusted. But our objectives stand firm. We will finish the job and ensure that inflation is brought all the way back to 2 percent.”The Monetary Board also noted indications of a deceleratio...

Politics

19 h. ago Bank of England expected to leave interest rates on hold as Middle East conflict pushes up oil price – business live

Rolling coverage of the latest economic and financial news, as Switzerland and Philippines cut interest ratesNewsflash: We have a third interest rate cut this morning!Norway’s central bank has surprised analysts by cutting its policy rate by a quarter of one percentage point, to 4.25%. The rate had been set at 4.5% since December 2023.“Inflation has declined since the monetary policy meeting in March, and the inflation outlook for the coming year indicates lower inflation than previously expected.A cautious normalisation of the policy rate will pave the way for inflation to return to target without restricting the economy more than necessary.”“The uncertainty surrounding the economic outlook is now greater than normal. If the economy takes a different path than currently envisaged, the policy rate path may be adjusted. But our objectives stand firm. We will finish the job and ensure that inflation is brought all the way back to 2 percent.”The Monetary Board also noted indications of...

Economics

20 h. ago Will interest rates be cut today? The key factors for the Bank of England and 2025 predictions

Analysts expect a split vote at the MPC’s meeting on 19 June

Politics

20 h. ago Bank of England expected to leave interest rates as Middle East conflict drives up oil price – business live

Rolling coverage of the latest economic and financial newsEurope’s main stock markets have dropped at the start of trading.In London, the FTSE 100 index has lost 33 points, or 0.37%, to 8810 points. Mining stocks are among the fallers. Continue reading...

Economics

21 h. ago Interest rates – live: Bank of England to make latest decision after inflation higher than expected

Stock market reaction and business news from Thursday

Economics

24 h. ago The Waterfront review – this Dawson’s Creek for grownups is perfect summer nonsense

Twists come thick and fast, there’s tons of plot and action is set in a water-based community. The creator of the 90s megahit’s new show is an opportunity to wallow in nostalgia – albeit with added drug runningDo you miss Dawson’s Creek now that you’re all grown up? Kevin Williamson sees you. And he has reinvented his late-90s/early-00s tale of a close knit community round a watery area for an adult market. Not adult-adult, you understand – we’re talking drug-running and crumbling family empire rather than sauce – but the main ingredients of his first TV hit are all here. Namely, masses of plot and some lightly sketched characters to keep it moving swiftly enough that nobody has time to stop and say “Hang on, fellas – I simply don’t believe a word of this!” Those of us who sat through several young women choosing Dawson over Pacey are only here for the second part of the phrase “credible drama”.The Buckleys and their fleet have long dominated the small fishing town of Havenport, Nor...

Politics