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RARE PHOTOS: 24 | Rare Historical Photos

UK interest rates set to be held at 4.75% after inflation rises again

The Bank of England will announce the results of its next policy decision on Thursday.

Evening Standard

Inflation analysis: Prices rising faster means higher borrowing costs for longer amid recession fears

The rise in inflation last month is likely to mean higher borrowing costs for longer

The Independent UK

UK Inflation Rises To 8-Month High, Dampening Rate Cut Expectations

U.K. inflation surged to 2.6% in November, posing challenges for the Bank of England and raising concerns about the impact of government spending on inflation.

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Further Hike In UK Inflation Hits Rate Cut Chance

UK annual inflation climbed further above the Bank of England's target rate in November, official data showed Wednesday, firming expectations that it will avoid cutting interest rates this week.

International Business Times

UK inflation rises further above Bank of England's target in November

Inflation in the U.K. has risen to its highest level since March, driven by an increase in fuel prices last month

The Independent UK

UK factory orders ‘collapse’ to four-year low, CBI says; inflation rises to 2.6% – as it happened

Starmer says more to do on economy so growth is ‘felt in the pockets of working people’; US Federal Reserve widely expected to cut interest rates by a quarter point

The Guardian - UK

Choice of cash savings deals reached highest level on website’s records

Moneyfacts counted 2,117 savings deals in December, marking the highest number on its records, which started in 2007.

Evening Standard

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The great reset: Starmer pins hopes on six new policy ‘milestones’

PM announces priorities to ‘galvanise’ his premiership with pledges on better living standards, shorter NHS waiting lists, more police and 1.5 million new homes... as Bank of England warns firms will axe jobs in response to tax rises

The Independent UK

Mortgage payments ‘will rise for half of UK homeowners over next three years’

Bank of England financial stability report says 4.4 million households will face extra pressure on their finances

The Guardian - UK

Mortgage costs could jump for 4.4m households by end of 2027 – Bank of England

The central bank stressed that UK lenders are still in a strong position to support households and businesses, even if the economic backdrop worsens.

Evening Standard

Mortgage approvals to home buyers reach highest level since summer 2022

Re-mortgaging also ticked up for the third month in a row in October, the Bank of England said.

Evening Standard

Global trade tensions and cyber attacks ‘threaten UK economy’; UK Black Friday spending ‘up 12%’ – as it happened

Bank of England says global risks remain high, and the outlook has become more uncertain and riskier

The Guardian - UK

Wall Street hits record high after Scott Bessent nominated as US Treasury secretary – as it happened

Bonds rally and dollar dips as investors welcome choice of billionaire hedge fund manager Bessent as next Treasury secretary

The Guardian - UK

Labour Budget adds to uncertainty over inflation, says Bank policymaker

Dave Ramsden, deputy governor for markets and banking, was speaking after the Bank cut rates by a quarter point earlier in November.

Evening Standard

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The Independent UK

Mortgage pain fuels highest rise in home ownership costs in 30 years

Homeowners’ costs rose 7.4 per cent in the year to October, the highest rate since February 1992, figures from the Office for National Statistics show

Top News

UK Inflation Rises, Bank Of England Holds Rates

U.K. inflation rises to 2.3%, influencing interest rates, impacted by global factors like Trump's policies.

Evening Standard

Average cost of a London home drops by 0.5 per cent while UK price growth is on the rise

Experts warn that Wednesday’s jump in inflation could bring further headaches for mortgage borrowers

The Independent UK

Annual house price growth accelerated in September – ONS

Experts have also warned that Wednesday’s jump in inflation could bring further headaches for mortgage borrowers.

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The Guardian - UK

Ford to cut 4,000 jobs in Europe, with Germany and the UK hardest hit – as it happened

US carmaker to lay off 14% of its European workforce

The Independent UK

Inflation soars back above Bank of England target in sharpest spike for two years

Rising energy bills have been blamed for the unexpected spike

The Guardian - UK

Retailers are right to warn of job cuts after Reeves budget, says Andrew Bailey

Bank of England governor says number of roles could shrink by more than 50,000 after rise in employer NICs

Evening Standard

Average price tag on a home falls by more than £5,000 in November

Rightmove expects to see a ‘stronger year for prices’ in 2025.

The Independent UK

Average house price falls by thousands in November

Across the UK, the typical asking price for a home coming onto the market is £366,592

The Guardian - UK

Will ‘full-blown Trump’ tariffs drive Britain back into the arms of Europe?

The president-elect’s unpredictability on trade has experts guessing about his impact on the UK economy – but some find glimmers of hope in the gloom

Evening Standard

OPINION - Did Andrew Bailey's Brexit comments overstep the mark?

Andrew Bailey is a walking market mover. Every time the Governor of the Bank of England opens his mouth, he knows it could impact the cost of UK government borrowing, or the price of sterling, or any number of things. Consequently, his public statements are rarely made off the cuff.

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