Bank of England News

European Markets Rally on Trade Deal Optimism and Bank of England Rate Cut

European stock markets closed mostly higher on Thursday, driven by optimism from a US-UK trade deal and a Bank of England rate cut. Key indices like DAX and Euro Stoxx 50 saw signi...

British Pound Surges Against Euro Following Bank of England's Expected Rate Cut

The British pound strengthened against the euro and dollar after the Bank of England cut interest rates by 25 basis points to 4.25%. Governor Andrew Bailey's cautious remarks and o...

BoE's Bailey Highlights US-UK Trade Deal as Key to Reducing Global Economic Uncertainty

Bank of England Governor Andrew Bailey views the upcoming US-UK trade deal as a significant step towards reducing global economic uncertainty, despite not knowing the full details....

European Markets Surge as Investors Await Bank of England's Potential Rate Cut Amid Trade Concerns

European markets opened higher as investors anticipate a Bank of England rate cut to address trade concerns, supported by positive German data and Fed signals. Major indices and cu...

European Markets Rally Ahead of BoE Rate Decision and Potential US-UK Trade Deal Announcement

European stock markets are trading higher ahead of the Bank of England's anticipated rate cut and potential announcement of a new US-UK trade deal. Key indices show positive moveme...

European Markets Dip as Investors Eye Central Bank Decisions Amid Corporate Earnings Season

European markets closed lower as investors focused on upcoming central bank decisions and recent corporate earnings. Key indices like DAX, FTSE 100, and CAC 40 saw declines, alongs...

European Markets Show Mixed Signals as Earnings Season Heats Up: Key Stocks to Watch

European stocks closed mixed as investors awaited a busy earnings week and the Bank of England's interest rate decision. The DAX rose, while the CAC 40 fell, with Kering dropping s...

European Markets Show Mixed Results as Investors Eye Upcoming Earnings and Bank of England Decision

European stocks closed mixed as investors await a busy week of corporate earnings and the Bank of England's interest rate decision. The DAX rose, while the CAC 40 fell, and currenc...

March Sees a Dip in UK Mortgage Approvals Amidst Changing Consumer Credit Trends

The Bank of England reports a slight decrease in UK mortgage approvals for house purchases in March, alongside an increase in remortgaging approvals. Consumer credit figures and pe...

Uncertainty Looms as BoE's Megan Greene Questions Future US Tariffs Impact on UK Economy

Bank of England's Megan Greene voices uncertainty over future US tariffs and their impact on the UK economy, highlighting concerns over supply issues, productivity growth, and pote...

Bailey Highlights UK's Open Economy and Global Relations with US Amid Growth Concerns

Bank of England Governor Andrew Bailey discusses the UK's open economy, the significance of US global relations, and the risks of economic fragmentation to growth. He also praises ...

UK's Private Sector Faces Sharp Decline in April Amid Global Demand Slump

The UK's private sector activity experienced a sharp decline in April, with the PMI dropping to its lowest since November 2022. Manufacturing and services sectors both saw signific...

UK's Private Sector Faces Sharp Decline in April: A Deep Dive into PMI Figures

The UK's private sector activity saw a sharp decline in April, with PMI figures dropping significantly. Manufacturing and services sectors both reported lows, attributed to global ...

UK's Private Sector Takes a Dive: April Sees Sharpest Drop in Business Activity in Over a Year

UK's private sector activity sharply declined in April, with PMI figures hitting lows not seen in over a year. Manufacturing and services sectors both experienced significant drops...

UK's Private Sector Faces Sharp Decline in April Amid Global Demand Slump and Rising Costs

The UK's private sector activity experienced a sharp decline in April, with the composite PMI dropping to 48.2, the lowest since November 2022. Manufacturing and services sectors b...

UK Economic Slowdown: Private Sector Activity Hits Record Low Amid Global Trade Fears

UK's private sector activity has entered contraction in April, with PMI figures hitting multi-month lows across manufacturing and services sectors, driven by global trade worries a...

UK's Private Sector Faces Sharp Decline in April Amid Global Demand Slump and Rising Costs

The UK's private sector activity has sharply declined in April, with PMI figures hitting multi-month lows across manufacturing and services sectors, driven by a slump in exports an...

UK Government Initiates Independent Probe into National Statistics Office Over Data Flaws

The UK government has launched an independent investigation into the Office for National Statistics due to concerns over inaccurate economic data. The review, led by Sir Robert Dev...

UK Housing Market Slows: Mortgage Approvals Dip to 65,500 in February

The UK housing market shows signs of slowing as mortgage approvals for house purchases fell to 65,500 in February, alongside reductions in remortgaging approvals and consumer credi...

February Sees a Dip in UK Mortgage Approvals Amid Rising Loan Rates

The Bank of England reports a slight decrease in UK mortgage approvals for February, alongside reductions in remortgaging and consumer credit. Loan rates have risen, yet mortgage d...

UK Mortgage Approvals Dip in February: A Closer Look at the Housing Market Slowdown

The UK saw a slight decrease in mortgage approvals for house purchases in February, with remortgaging approvals and consumer credit also declining. The Bank of England reports a st...

February Sees a Dip in UK Mortgage Approvals: What Does This Mean for Homebuyers?

The Bank of England reports a slight decrease in UK mortgage approvals for February, with remortgaging and consumer credit also showing declines. Personal loan rates increased slig...

UK Mortgage Approvals Dip Slightly in February, Signaling a Cooling Housing Market

The UK saw a slight decrease in mortgage approvals for house purchases in February, with remortgaging and consumer credit also declining. Interest rates on personal loans rose, yet...

BoE's Bailey Forecasts Inflation Target Delay Until 2027 Amid Economic Challenges

Bank of England Governor Andrew Bailey predicts the UK won't achieve its 2% inflation target until 2027, citing weak productivity and demographic challenges as key hurdles. Recent ...

European Markets Show Mixed Signals Ahead of BoE's Crucial Rate Decision

European stock markets opened with mixed results as investors await the Bank of England's rate decision, analyzing UK unemployment and German producer inflation figures. The FTSE 1...

European Markets Slide Premarket Amid BoE Decision and Key Economic Data Releases

European markets faced a premarket downturn as investors awaited the Bank of England's monetary policy decision and key economic data releases, including unemployment in Britain an...

European Markets Show Mixed Signals as Investors Await BoE Rate Decision

Major European stock indexes showed mixed results as investors awaited the Bank of England's monetary policy decision. Attention also turned to UK unemployment figures, German prod...

European Markets Show Mixed Signals as Investors Await BoE Rate Decision

European stock markets opened with mixed results as investors await the Bank of England's rate decision. Key economic indicators from the UK and Germany, along with the European Ce...

European Markets Dip Ahead of BoE Decision and Key Economic Data Releases

European markets opened lower as investors await the Bank of England's monetary policy decision and key economic data from Britain, Germany, and the Eurozone. The DAX, FTSE 100, CA...

European Markets Dip Ahead of BoE Decision and Key Economic Data

European markets experienced a downturn in Thursday's premarket, influenced by the Bank of England's upcoming monetary policy decision and key economic data releases. The DAX, FTSE...

European Markets Dip Premarket as Investors Await BoE's Monetary Policy Decision

European stock indexes mostly declined in premarket trading as investors awaited the Bank of England's monetary policy decision and other key economic reports. The DAX and CAC 40 s...

European Markets Dip Premarket as Investors Await BoE's Crucial Decision

European stock indexes mostly declined premarket as investors awaited the Bank of England's monetary policy decision and Italy's consumer inflation report. The DAX and CAC 40 saw s...