London house prices fall as Bank of England rate hikes loom over mortgage market

Fresh insight into the UK’s lacklustre housing market revealed price declines for London and the South East on Friday, while the overall national rate of increase halved for May The closely-watched ...
CNBC

Bank of England cuts interest rates for first time in over four years

This was CNBC's live blog covering the Bank of England's August monetary policy meeting. LONDON — The Bank of England on Thursday delivered its first interest rate cut in more than four years, taking ...

Bank of England is watching public-sector pay for inflation risk, governor says

LONDON, June 1 (Reuters) - The Bank of England is keeping a closer watch on public-sector pay as a potential source of inflation pressure, as it continues to run faster than in the private sector, ...
CNBC

Bank of England cuts rates, sees gradual reductions ahead as Labour budget boosts inflation forecast

This was CNBC's live blog monitoring the Bank of England's monetary policy decision for November 2024. LONDON — The Bank of England cut interest rates by 25 basis points Thursday while raising its ...

Bank of England's Bailey says public must be given confidence in 2% inflation target

LONDON, June 2 (Reuters) - Bank of England Governor Andrew Bailey said on Tuesday that it was important to get inflation back ...
The New York Times

Bank of England Cuts Interest Rates for First Time Since 2020

Central bank policymakers lowered rates to 5 percent amid lower inflation in Britain, but they warned that future rate cuts would come slowly. By Eshe Nelson Reporting from London The Bank of England ...
Opinion

Britain’s politicians need to worry less about the bond markets – and more about the Bank of England

A new model of central banking would weaken the power of bond vigilantes – and help progressive politicians pay for transformative change, says academic Daniela Gabor ...
The Hill

Bank of England says world is ‘highly unpredictable’ as it keeps interest rate at 2-year low

LONDON (AP) — The Bank of England warned Thursday about the “highly unpredictable” geopolitical environment as it kept its main interest rate unchanged at the two-year low of 4.25%. With concerns ...