All news on the topic: Bank of England

Consumer Prices Index (CPI) inflation dropped by more than expected in the 12 months to June - falling from 8.7% to 7.9% - but it comes after mortgage costs have already rocketed

City analysts had predicted the Consumer Price Index (CPI) rate of inflation would be 8.2% - meaning the drop is better than hoped, and the lowest since March 2022

Citizens Advice has warned 'negative budgets' could become a "generational problem" without government action and admits it is increasingly unable to help those in need

Businessman John Mills has written a pamphlet outlining how he believes the economy can be rebooted - and it includes chasing a growth target rather than an inflation goal

Labour’s analysis of government figures found rocketing interest rates are now likely to require three times the £30,000 figure people had to save just a year ago

Ed Sheeran, Bear Grylls, Daniel Radcliffe and Tom Holland have all had their names exploited in scam tweets. So, ironically, has Elon Musk.

More that two million mortgage holderswill have to pay up to £499 more, and half a million will see their repayments increase by £500 to £749 due to soaring interest rates

The exchange came after Labour's Deputy Leader Angela Rayner used PMQs to attack the government over the 'Tory mortgage bombshell'

The property market is cooling and house prices are falling from their peak - all as mortgage rates continue to rise, hitting a 15-year high today and the worst level since the aftermath of the Mini-Budget

Speaking during a special mortgage crisis edition of his ITV Martin Lewis Money Show Live last night, Martin urged homeowners to add up all the costs before locking into a new deal

Experts predict the Bank of England will increase its base rate to the highest level since December 2017 in August as figures showed a joint record rise in wages

The average 6.66 per cent rate is stinging in part because the Bank of England, with the backing of Rishi Sunak and Chancellor Jeremy Hunt, is hiking interest rates to curb inflation

Addressing the mortgage crisis during a special edition of the Martin Lewis Money Show Live this evening, finance guru Martin ran through how to check for the best rates

We explain everything you need to know about the Financial Services Compensation Scheme (FSCS) and how to check if your bank is authorised

Last month, the Bank of England hiked rates by 0.5 percentage points to 5% which left a lot of mortgage holders worried and caused many homeowners struggling the costs

The Prime Minister was confronted about the cost-of-living and mortgage crises when he appeared at the Commons Liaison Committee today

Atom bank has warned 12.6 million of UK adults still hold most of their savings in a current account - despite saving rates having surged over the past year

Economists at Bloomberg are expecting a 'shallow' recession as the Bank of England puts up interest rates - but the experts believe this will likely by over by next year's election

A housing benefit freeze means the proportion of privately rented properties those on the lowest incomes can afford has plummeted as rents for new lets have increased by more than a fifth on average

Rishi Sunak wants Britain to hold its nerve, says Fleet Street Fox. Bit difficult when he's the one who seems to have most of it

Labour has hit out at the "Tory mortgage penalty" and lashed out at the Government for failing to provide support for families struggling to keep their homes

'Invading Ukraine is deservedly backfiring badly on humiliated Putin, who relied on former ally Prigozhin’s hired dogs of war to do much of the fighting in occupied territory'

The Prime Minister claimed there was 'no alternative' but to hike interest rates in order to tackle inflation, but he was branded 'out-of-touch' and 'not up to the job' after an awkward TV interview

The salaries of the top 10% has outstripped the rest of the workforce - but the Bank of England has sparked anger by appearing to blame wage demands from low and mid earners and the Government may overrule public service pay bodies

Consumer rights expert Martyn James is joined by TV mortgage and property experts Jane King and Jonathan Rolande to answer all the questions you may have about the current "mortgage crisis"