The Governor of the Bank of England has delivered a stark warning to G20 finance ministers that the global financial system is vulnerable to shocks amid soaring asset prices and …
Bank of England
News and decisions from the Bank of England — including interest rate changes, inflation forecasts, economic outlooks, monetary policy, and statements from the Governor.
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Chinese fraudster Yadi Zhang admits money laundering as Chancellor Reeves reportedly eyes seized cryptocurrency to plug Treasury black hole A Chinese national has pleaded guilty to money laundering offences in …
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EconomyNews
Bank of England Holds Interest Rate at 4% as Inflation Remains Stubbornly Above Target
by Darren SmithThe Bank of England has paused its cycle of interest rate cuts, voting to maintain the base rate at four per cent as inflationary pressures persist across the British economy. …
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EconomyProperty
Households Brace for Inflation Spike to 4% as Bank of England Set to Hold Interest Rates
by Tara WhitmanHouseholds are bracing for another spike in inflation, with price rises expected to peak at four per cent in September, leaving millions facing higher costs for months to come. The …
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Economy
UK Economy Grows by Stronger-Than-Expected 0.3% in Second Quarter Despite Global Headwinds
by Darren SmithBritain’s economy expanded by 0.3 per cent in the second quarter of 2025, surpassing economists’ expectations and offering a boost to Chancellor Rachel Reeves despite mounting global trade tensions. The …
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The Bank of England has cut its base interest rate from 4.25% to 4% in a narrow vote, delivering relief to mortgage holders and borrowers despite inflation rising to 3.6% …
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U.S
US Economy Grows 3% in Q2, Beating Expectations but Fed Rate Cuts Remain Distant
by Tara WhitmanThe US economy rebounded more strongly than anticipated in the second quarter of 2025, growing at a 3% annualised rate according to data from the Bureau of Economic Analysis, making …
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The rate of inflation has risen by more than expected on the back of fuel and food price pressures, according to official figures which have prompted accusations of an own …
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The Bank of England has launched a public consultation that could see historical figures removed from British banknotes, sparking fierce criticism from Conservative politicians who branded the move “wrongheaded wokery.” …
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Economy
Sterling SOARS to dizzying heights as pound hits near FOUR-YEAR peak against dollar – and it could mean BIG savings on your summer holiday
by James CarterBrits set to cash in as currency rockets to $1.37 – making American trips and designer shopping sprees suddenly more affordable The British pound is flexing its muscles like never …