All news on the topic: Bank of England

The Bank of England has paused its base rate for the fourth time in a row at 5.25% - we explain what this means for your mortgage, savings and if you have credit card or loan

The number of company insolvencies hit a 30-year high in 2023 as firms suffered amid high interest rates and cost pressures

We round up all the key financial announcements and deadlines coming up in February, including the final cost of living payment, the latest interest rate decision and an update for energy bills

The "effective" interest rate - the actual interest paid on newly-drawn mortgages - fell from 5.34% in November to 5.28% in December, the first drop since November 2021

The Prudential Regulation Authority (PRA) said HSBC failed "over many years" to properly put in place the requirements to protect saver deposits dating back to 2015

The Bank and the Treasury launched a consultation in February last year over the so-called central bank digital currency

The influential S&P Global/CIPS flash UK purchasing managers' index (PMI) reported a reading of 52.5 in January, up from 52.1 in December

Inflation has crept back up again - but the good news is, the top-paying savings rates are still above 4%. So where exactly should you be putting your money?

The Bank of England has warned that default rates on mortgages and credit cards are rising - and are expected to increase further in the coming months

House prices fell by 2.1% over the 12 months to November 2023 to reach £285,000 on average, the Office for National Statistics

Inflation measures how prices have changed over time based on a "basket of goods" and services, which are regularly updated by the Office for National Statistics, to track prices

As families struggle to pay their bills, particularly over the Christmas period, Matthew and his 250 colleagues at Money Wellness are now hearing from a staggering 1,000 people a day

With more lenders cutting rates, mortgage broker Ranald Mitchell, of Charwin Private Clients, said the “unprecedented rate war is well underway” noting that “seismic moves” were to be expected in the coming months

The cost of a five-year fixed-term mortgage has fallen below 4% after inflation came in lower-than-expected at 3.9% for the 12 months to November

Inflation measures how prices have changed over time and the Office for National Statistics (ONS) releases new data every month to show how the rate has changed

Appearing before the Commons Liaison Committee, Prime Minister Rishi Sunak was asked if lies awake at night thinking about the gulf between the rich and poor in Britain

The Bank of England base rate, which influences the interest rates offered by banks and lenders, has remained at 5.25%

The base rate has now remained at 5.25% for the last three Bank of England meetings - we explain what it means for your mortgage, credit card and savings

Mortgage rates surged in the wake of Liz Truss’s bungled mini-Budget last year, and they had already been on the rise after a wave of rate hikes by the Bank of England to cool inflation

According to the Bank of England's twice-yearly Financial Stability Report, a further 900,000 people could see an increase of more than £500 on their mortgage repayments

It's been another week of infighting and disasters for Rishi Sunak's party - just don't forget it all when it comes to election time

The public want an immigration system that is fair and compassionate, and they want a Government that is competent and respects the law - at the moment they have neither

The PM gloated 'we’ve done it' after the consumer prices index dropped last month, from 6.7% to 4.6% - but experts say the main reasons were nothing to do with the Government

Inflation is down from its peak of 11.1% a year ago - but is still higher than the 2% target set by the Bank of England, which has, until recently, been putting up interest rates

Mortgage rates have been dropping over the last few months with major UK lenders now offering more mortgage products under 5%