Bank of England News

Lloyds CEO Predicts Triple Rate Cuts by Bank of England in 2025 Amid Slow Growth

Lloyds Banking Group CEO Charlie Nunn predicts the Bank of England will cut interest rates three times in 2025 to stimulate UK economic growth, citing the country's resilience and ...

Stabilization of Inflation Through Declining Impact of Energy Prices, Says BoE's Breeden

Bank of England's Sarah Breeden discusses the diminishing impact of energy price shocks on inflation, indicating a trend towards economic stability. Insights into the evolving dyna...

November Sees a Decline in UK Mortgage Approvals to 65,700

The UK housing market saw a downturn in November with mortgage approvals dropping to 65,700, alongside declines in remortgaging approvals and consumer credit. The annual growth rat...

BoE's Unchanged Rate Decision Sinks European Markets in Premarket Trading

European stock indexes traded lower in the premarket following the Bank of England's decision to maintain interest rates unchanged at 4.75%. Investors also assessed reports on Germ...

BoE and Fed Moves Trigger Sharp Decline in European Stock Markets

European stocks closed significantly lower following decisions by the Bank of England and the Federal Reserve. The BoE held rates, while the Fed cut its key rate by 25 basis points...

European Markets Dip as Central Banks Take Center Stage

Major European stock markets opened lower on Thursday as investors awaited the Bank of England's interest rate decision. This follows the U.S. Federal Reserve's decision to lower r...

European Markets: CPI Data and BoE Rate Decision Drive Mixed Performance

European stock markets closed mixed as investors analyzed UK and Eurozone inflation data and awaited the Bank of England's interest rate decision. Key indices showed varied perform...

UK Considers Postponing Economic Data Releases to Market Hours

The UK Office for Statistics Regulation is considering postponing the release of sensitive economic data to market hours in London, following feedback from traders. The Bank of Eng...