Bank of England leaves interest rates on hold and lowers inflation forecast amid Middle East ‘uncertainty’ – as it happened

Rolling coverage of the latest economic and financial news, including the latest UK jobs report and the Bank of England’s interest rate decision ...

Interest rates may need to rise this year, says Bank of England economist

Interest rates may need to increase this year to keep rising prices under control, according to the Bank of England's chief ...
Politico Europe

Bank of England warns an AI crash could plunge UK into recession

Andrew Bailey warns of a “triple whammy” of risks as AI companies now make up half of the U.S. S&P 500, up from a quarter in ...

Bank of England keeps rates steady as it weighs Iran truce

By David Milliken and Andy Bruce LONDON, June 18 (Reuters) - The Bank of England kept interest rates on hold at 3.75% in June, as it has since the start of the U.S.-Iran war, judging it would be ...

Bank of England holds main interest rate at 3.75% as inflation steadies

The Bank of England left its key interest rate unchanged at 3.75% for a fourth consecutive meeting after fresh data showed inflation holding steady and the labour market continuing to cool without a ...

Bank of England Eases Stablecoin Rules, Swaps Holding Caps for £40B ‘Guardrail’

The BoE scrapped individual holding caps for a £40 billion per-coin issuance limit and will let issuers hold more reserves in government debt.

Bank of England softens stablecoin rules in final policy draft

LONDON, June 22 (Reuters) - The Bank of England on Monday eased proposed stablecoin rules following widespread concern they risked stifling development of a nascent sterling-backed market, though some ...

Starmer hints at bank holiday if England win World Cup

The prime minister says he does not want to "jinx it" but "ask me again if we get to the final".