UK government borrowing costs hit 5% as Iran war fuels bond market sell-off Yields on 10-year debt reach highest since the 2008 financial crisis, raising concerns of faster interest rate rises The Guardian - UK · Mar 27
Narrow Bank of England vote puts end of interest rate-cutting cycle in sight Another reduction expected next year but monetary policy committee is deeply divided over inflation prospects The Guardian - UK · Dec 18, 2025
Bank of England urged to slow bond-selling plan to help cut record UK borrowing costs Ex-MPC members say ‘quantitative tightening’ should be scaled back or halted entirely, saving the Treasury up to £10bn a year The Guardian - UK · Sep 14, 2025
‘Just hysteria’: UK faces a crisis but the IMF bailout talk is overblown Despite sluggish growth and rising borrowing costs, most economists agree that Rachel Reeves doesn’t face a repeat of 1976 The Guardian - UK · Aug 29, 2025
Bigger than expected inflation jump worsens Bank of England dilemma Bank torn between calls to cut interest rates to boost growth and need to damp down price rises The Guardian - UK · May 21, 2025
Bank of England says companies freezing hiring plans as it keeps interest rates on hold Rate-setting committee also points to mounting global uncertainty as it pauses its cycle of reductions The Guardian - UK · Mar 20, 2025
Cuts, tax rises and doing nothing: Rachel Reeves’ options to tackle economic woe Labour’s fiscal rules may limit the chancellor’s ability to act, but waiting it out may be the best option The Guardian - UK · Jan 9, 2025
Bank of England cuts interest rates by 0.25 points to 4.75% Borrowing costs reduced for second time this year with Fed expected to cut US rates later on Thursday The Guardian - UK · Nov 7, 2024
Bank of England could still cut interest rates again despite rise in inflation July fall in service sector and core inflation may open door for policymakers to make reduction The Guardian - UK · Aug 14, 2024
UK jobs market cools again as wage growth slows Interest rate cut hangs in balance after ONS figures show annual pay growth eased to 5.7% in three months to May The Guardian - UK · Jul 18, 2024
Bank of England keeps interest rates at 5.25% but hints at a June cut Policymakers say they want to see more evidence that price pressures are easing before reducing rates The Guardian - UK · May 9, 2024
What does Bank of England interest rates decision mean for my mortgage and savings? ‘Green shoots’ already appearing in housing market, expert suggests as market eyes rate cuts next year The Independent UK · Dec 14, 2023
Bank of England has more ‘work to do’ to control inflation, says chief economist Huw Pill raises possibility of interest rate rise, saying war between Israel and Hamas may affect oil priceBusiness live – latest updates The Guardian - UK · Oct 16, 2023
Ben Bernanke to lead review into Bank of England forecasting errors Former Fed chair appointed as Bank faces pressure to explain why economic forecasts have been so wide of mark The Guardian - UK · Jul 28, 2023
The Guardian - UK · Jul 16, 2023 Economic ‘Bazball’ will have replaced UK’s safety-first approach to inflation and growth by 2025 Rishi Sunak used just-go-for-it route in Covid crisis but Treasury and Bank of England now play with straightest of bats
The Guardian - UK · May 8, 2023 Bank of England may have to raise rates to 5% this summer, says Goldman Sachs US investment bank believes inflationary pressures could force monetary policy committee’s hand
The Guardian - UK · May 6, 2023 Inflation may be about to fall, but the interest rate pain is not over yet Resilient UK growth may well prevent the Bank of England from ending its run of increases
The Guardian - UK · Feb 2, 2023 Interest rates rise again but Bank of England hints at a brighter future Threadneedle Street is still expecting a recession but it is likely to be a mild one by UK standards
The Guardian - UK · Jan 31, 2023 UK demand for mortgages slumps as interest rates deter buyers Bank of England figures also reveal many households are dipping into savings, rather than using credit cards
The Guardian - UK · Jan 12, 2023 Bank of England completes sale of £19bn emergency bond purchases after mini-budget Bloomberg estimates Bank made profit of £3.5bn after intervening to prevent run on pension funds
The Guardian - UK · Nov 13, 2022 What does the autumn statement have in store? A poison pill for Labour Spending cuts and tax rises will deepen the recession so the pain will be deferred until 2025 and a likely Starmer government
The Guardian - UK · Oct 12, 2022 Cliff edge looms for UK’s financial system BoE’s move to end bond buying is a big gamble given the magnitude of the bind Britain is in
Evening Standard · Oct 12, 2022 Pound wobbles as Bank of England warns market support will end on Friday Governor Andrew Bailey warned there could be no further extension beyond the end of the week
The Guardian - UK · Oct 11, 2022 Bank of England urged to extend emergency bond-buying scheme After Bank expands action to stave off ‘fire sale’ in wake of mini-budget, investors ask for longer expiry date
Evening Standard · Sep 30, 2022 Thousands of Londoners face £10k mortgage blow as interest rates soar Bank of England independence was no one’s first choice. Margaret Thatcher never did it, John Major preferred to devolve power to the German Bundesbank than grant it to Threadneedle Street. Because the power to set interest rates is an awesome one.