Pound slips as Bank of England delivers big rate hike Sterling fell today after the Bank of England raised interest rates by the most in 27 years but warned that a long recession is on … Business • 04 Aug
Bank of England ups rates to 1.75% as recession looms The Bank of England has today raised interest rates by the most in 27 years, despite warning that a long recession is on its way, … Business • 04 Aug
Bank of England raises interest rates again today The Bank of England has today raised interest rates by a further quarter of a percentage point but said it was ready to act "forcefully" … Business • 16 Jun
Bank of England raises rates to 1% to offset inflation The Bank of England has raised interest rates to their highest since 2009 at 1% today to counter inflation now heading above 10%, even as … Business • 05 May
Bank of England raises interest rates to 0.75% The Bank of England raised interest rates today for a third meeting in a row as expected, but softened its language on the need for … Business • 17 Mar
Bank of England set to lift UK interest rates this week The Bank of England is almost certain to increase borrowing costs on Thursday, nearly all economists polled by Reuters said, marking the third consecutive meeting … Business • 15 Mar
IMF urges Bank of England to be clear about plans The International Monetary Fund has told the Bank of England to be clear about its plans to withdraw stimulus for Britain's economy, following criticism of … Business • 23 Feb
UK inflation hits nearly 30-year high of 5.5% British consumer prices rose at the fastest annual pace in nearly 30 years last month, intensifying the squeeze on households and reinforcing the chances that … Business • 16 Feb
Bank of England to raise rates again in March - poll The Bank of England will raise interest rates faster than previously thought to tame surging inflation, according to economists polled by Reuters who significantly upgraded … Business • 14 Feb
Bank of England raises interest rates to 0.5% The Bank of England has today raised interest rates to 0.5% and nearly half of its policymakers wanted a bigger increase to contain rampant price … Business • 03 Feb
Bank of England ups rates as inflation pressures mount The Bank of England today became the world's first major central bank to raise borrowing costs since the coronavirus pandemic hammered the global economy last … Business • 16 Dec 21
Bank of England keeps UK interest rates on hold The Bank of England kept interest rates on hold today, dashing investors' expectations for a hike that would have made it the first of the … Business • 04 Nov 21
UK inflation declines unexpectedly in September British inflation slowed unexpectedly last month but the decline was probably only a temporary respite for consumers and is unlikely to deter the Bank of … Business • 20 Oct 21
Bank of England keeps interest rate unchanged at 0.1% The Bank of England said inflation would rise above 4% later this year, and two policymakers called for an early end to the bank's quantitative … Business • 23 Sep 21
Bank of England sees inflation peaking at over 3% The Bank of England increased its forecast for inflation to rise further above its 2% target, saying it was now likely to peak above 3% … Business • 24 Jun 21
Bank of England to slow bond-buying, but ups forecast The Bank of England said it would slow the pace of its bond-buying as it sharply increased its forecast for Britain's economic growth this year … Business • 06 May 21
Bank of England keeps rates & bond-buying plan on hold The Bank of England said there were signs that Britain's economy was recovering from its Covid-19 slump but it stressed the outlook remained unclear, dampening … Business • 18 Mar 21
Bank of England keeps rates & bond programme unchanged The Bank of England kept its stimulus programme unchanged today as Britain makes progress with its Covid-19 vaccination programme which could lead to an easing … Business • 04 Feb 21
No changes from Bank of England before Brexit endgame The Bank of England kept its stimulus programme unchanged today as it awaited the outcome of Britain's trade deal talks with the European Union. Business • 17 Dec 20
Bank of England to probe possible leak of QE decision The Bank of England increased its already huge bond-buying stimulus today by a further £150 billion as it sought to cushion the UK's struggling economy … Business • 05 Nov 20
Bank of England looks harder at negative rates The Bank of England said it was looking more closely at how it might cut interest rates below zero as Britain's economy faces a triple … Business • 17 Sep 20
Bank of England raises bond-buying programme again The Bank of England increased its bond-buying programme by £100 billion to £745 billion today as it sought to help steer the UK economy away … Business • 18 Jun 20
Bank of England sees worst slump in 300 years The Bank of England held off from further stimulus measures today but said it was ready to take more action to counter the country's biggest … Business • 07 May 20
Bank of England keeps UK rates unchanged at 0.1% The Bank of England kept its key interest rate at a record-low 0.1% today and said it was ready to ramp up its recently expanded … Business • 26 Mar 20
Bank of England cuts UK interest rates again The Bank of England has cut interest rates to 0.1% and ramped up its bond-buying programme in its latest attempt to shield Britain's economy from … Business • 19 Mar 20
