Bank of England

Bank of England lowers rates after tight vote but signals caution about further cuts

Five MPC members vote to lower the benchmark rate for the fourth time in 2025 to 3.75%

Food and non-alcoholic beverage inflation dropped to 4.2% from 4.9% in October.

UK inflation slides to 3.2% before Bank of England rate decision

British inflation has been higher than in other major advanced economies

The figures were the first of a raft of key data that may tip the BOE (above) into resuming its interest-rate cutting cycle on Thursday.

UK unemployment rises as labour market eases ahead of BOE meeting

Wage growth excluding bonuses edge down to 4.6% from 4.7% in November

The BOE's monetary policy committee is evenly split between hawks and doves in recent months, with Bailey emerging as the key swing vote.

Bank of England faces the end of easing cycle

The 25 bp cut on Dec 18 will bring the BOE’s rate to 3.75%, and is suggested as Britain’s ‘neutral rate’

The European Central Bank (ECB) is set to present higher growth forecasts that may cement the tentative rate hold officials have enforced since May.

Rich world’s rate-cut momentum is fading away

Central bankers are stepping back to assess how their progress so far is impacting growth and inflation

The Confederation of British Industry raised its forecast for next year to 1.3 per cent from 1.0 per cent.

UK’s CBI bumps up 2026 growth view due to ‘temporary’ budget boost

[MANCHESTER] The Confederation of British Industry on Friday bumped up its economic growth forecast for next year, citing a temporary boost to government spending following the budget, while warning t...

BOE governor Andrew Bailey said forward-looking valuation measures suggest that AI stocks are stretched.

Bank of England governor Bailey sees signs that AI is starting to boost economies

Analysis suggests that heavy investment in AI contributed to around half of the growth in US GDP in H1 2025

The layoffs process at the BOE began last week and runs until mid-January with staff expected to leave in March.

Bank of England plans staffing cuts because of budget pressures

It has invited staff members to volunteer for potential layoffs

The Bank of England believes that the UK banking system should have Tier 1 capital equal to around 13 per cent of risk-weighted assets.

BOE cuts banks’ benchmark capital requirements ahead of review

This could free up extra lending and higher payouts to shareholders

Net mortgage lending – which reflects completed house purchases – fell to a net £4.273 billion (S$7.32 billion) compared with a rise of £5.223 billion in September.

UK lenders approve more mortgages than expected in October, consumer lending cools

[LONDON] British lenders approved more mortgages than expected in October, despite concerns about finance minister Rachel Reeves’ budget, and consumer credit grew at a slower pace than in September, B...