Bank of England News and Monetary Policy Updates
UK employers scale back pay expectations as 2027 awards cool
British employers are expecting smaller pay increases next year, adding to evidence that the labour market is cooling. The outlook points to weaker wage momentum as the Bank of England watches ...
Bank of England backs extended rate hold as Middle East conflict lifts price risks
Bank of England rate-setter Alan Taylor says higher price pressures linked to conflict in the Middle East support keeping borrowing costs unchanged for longer. His stance marks a shift from his ...
UK nominates Jonathan Haskel to chair fiscal watchdog OBR
Britain moves to fill a leadership gap at its fiscal watchdog as it names former Bank of England rate-setter Jonathan Haskel as its preferred candidate for the top role. The nomination comes as ...
London stocks fall as rate hike bets weigh on miners and midcaps
London equities are trading at their lowest levels in more than a week as expectations for further interest rate increases curb risk appetite across global markets. Political uncertainty in ...
UK markets stay subdued during Starmer tenure
Keir Starmer’s period in office leaves UK financial markets notably calm despite geopolitical shocks and domestic policy pressures. Currency volatility falls to its lowest level in at least 35 ...
Bank of England eases stablecoin rules with £40 billion issuance cap
The UK is reshaping its approach to regulated stablecoins ahead of a planned 2027 market launch, with the Bank of England dropping proposed limits on how much consumers and companies can hold. The ...
London stocks slip as Starmer resignation shakes UK market sentiment
Political uncertainty in Britain is weighing on domestic equities, with the FTSE 250 falling to a one-week low as investors assess the implications of Prime Minister Keir Starmer's planned ...
Bank of England eases stablecoin rules with £40bn issuer cap for UK market
The Bank of England is loosening planned safeguards for sterling stablecoins as the UK seeks to stay competitive in digital asset markets. The central bank is dropping proposed ownership limits ...
Bank of England sets draft rules for UK systemic stablecoins
The UK is moving closer to a formal regime for stablecoins as the Bank of England publishes a policy statement and draft Code of Practice for systemic issuers. The framework is designed to support ...
UK statistics agency warns jobs data quality will weaken after survey error
Fresh problems at the Office for National Statistics are complicating efforts to rebuild trust in UK economic data as policymakers track the labour market closely. The agency says a survey mistake ...
UK returnship programmes shrink as employers pull back on back-to-work hiring routes
As Britain faces rising long-term unemployment and a weaker hiring market, returnship programmes that help professionals re-enter work after career breaks are becoming harder to find. The pullback ...
Bank of England sets Q3 2026 APF gilt sale schedule
The Bank of England is setting out its third-quarter 2026 timetable for sales of gilts held in the Asset Purchase Facility as it continues quantitative tightening. The schedule covers operations ...
Bank of England plans to ease UK investment bank trading capital rules
Britain is moving to soften part of its post-crisis bank rulebook as policymakers respond to concerns that trading capital requirements could weigh too heavily on market activity. The proposed ...
Bank of England outlines private credit stress test for severe global recession
Amid closer scrutiny of risks in non-bank finance, the Bank of England has detailed a scenario for testing how private markets withstand a sharp global economic shock. The exercise assumes a ...
PRA consults on Basel 3.1 market risk model changes in UK
The UK's final step in rolling out Basel 3.1 is moving forward as the Prudential Regulation Authority opens a consultation on the internal model approach for market risk. The proposals are aimed ...
J.P. Morgan delays BoE rate hike forecast to November on inflation risks
With Middle East tensions still clouding the inflation outlook, J.P. Morgan now expects the Bank of England's next interest rate increase to come in November instead of July. The revised call ...
Bank of England board minutes outline project approvals and Leeds staffing expansion
The Bank of England's Court of Directors publishes minutes from its 23 April 2026 meeting, setting out decisions on governance, technology and operational risk. The record shows the board reviews ...
Bank of England flags stability as UK by-election raises political scrutiny
With the Bank of England keeping interest rates unchanged, attention also turns to how political developments may affect market confidence in the UK. Governor Andrew Bailey says stability is ...
Bank of England holds rates steady as easing oil prices temper inflation risk
The Bank of England keeps its benchmark interest rate at 3.75 per cent as lower oil prices reduce immediate pressure for tighter monetary policy. The decision comes after a U.S.-Iran interim deal ...
Bank of England rate hold highlights split on inflation risks and policy outlook
The Bank of England keeps its benchmark interest rate at 3.75% after a 7-2 vote by the Monetary Policy Committee. Comments from policymakers show most members support holding rates for now, while ...
Bank of England holds rates at 3.75% as inflation risks keep policymakers cautious
With energy-driven price pressures still filtering through the economy, the Bank of England leaves its benchmark interest rate unchanged at 3.75% in June. The 7-2 vote shows most policymakers are ...
