Bank of England
The latest news, updates and opinions on Bank of England from the expert team here at MoneyWeek
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UK home sellers cut £14,000 off their asking prices as the buyers’ market returns
News The latest house price index from Zoopla shows sellers are accepting a 4.5% discount on asking prices to secure a sale as the property market cools down.
By Nicole García Mérida Published
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UK inflation slows again, but remains near a 40-year high
News Figures from the Office for National Statistics showed CPI fell to 10.1% in January as lower fuel prices started to filter through to consumers.
By Nicole García Mérida Published
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HSBC launches 3.99% fixed-rate mortgage
News Mortgage rates have remained elevated since the mini-Budget, but could this latest offering from HSBC be a sign of lower rates to come?
By Nicole García Mérida Published
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NIESR: The UK is likely to avoid a recession, but persistent inflation will damage household budgets
News The National Institute of Economic and Social Research (NIESR) says a UK recession is unlikely in 2023, but calls for more help for households in the March Budget
By Kalpana Fitzpatrick Published
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Digital pound likely to launch this decade
News The Treasury and the Bank of England have launched a consultation on the introduction of a state-backed digital pound. We explain how a “Britcoin” could work
By Ruth Emery Last updated
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Bank of England raises interest rate to 4%
News The Bank of England raised rates by 0.5%, marking the base rate’s 10th consecutive increase.
By Nicole García Mérida Published
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Mortgage borrowing falls by £1bn as property market slowdown continues
News Data from the Bank of England reveals mortgage borrowing fell from £4.3bn in November to £3.2bn in December. We look at why the housing market is slowing down, and what you can do if you’re worried about your mortgage
By MoneyWeek Published
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2022: what doesn’t kill you makes you stronger
Advertisement Feature Ben Ritchie and Rebecca Maclean, Investment Managers, Dunedin Income Growth Investment Trust PLC
By MoneyWeek Published
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Millions of homeowners face £250 jump in monthly mortgage payments next year
News The Bank of England has warned that homeowners and buy-to-let investors will need to pay thousands of pounds in extra mortgage payments next year. We explain what help is available if you’re worried about rising mortgage costs.
By Ruth Emery Published
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