What's happening to UK interest rates and what does it mean?
The Bank of England has held interest rates at 3.75% for a fourth consecutive time, keeping them at the lowest level since February 2023.
Economy
Americans are spending $800 just to cool their homes. We are at a breaking point | Mark Wolfe
Since 2020, the stock market has more than doubled. Americans who own substantial financial assets are reveling in economic success. For everyone else, the economy feels very different. This summer, the average family w…
Fewer than half of commuters in Great Britain think train fare value for money
Fewer than half of rail commuters in Great Britain think their train fare is value for money, a national passenger survey has found.
Minutes of the Meeting of the Court of Directors held on 23 April 2026
David Roberts, Chair Andrew Bailey, Governor Sarah Breeden, Deputy Governor – Financial Stability Clare Lombardelli, Deputy Governor - Monetary Policy Sir Dave Ramsden, Deputy Governor – Markets & Banking Sam Woods, Dep…
Federal Reserve Board issues enforcement action with former employee of Manufacturers and Traders Trust Company
The Federal Reserve Board on Thursday announced the execution of the enforcement action listed below:
Federal Reserve Board requests comment on proposal to require certain payment stablecoin issuers to maintain an effective customer identification program
The Federal Reserve Board on Thursday requested comment on a proposal to require certain payment stablecoin issuers to maintain an effective customer identification program. The proposal would introduce requirements for…
Number of job vacancies hits five year-low
The number of job vacancies has fallen to its lowest level for five years as businesses cut back on recruitment, according to the latest official figures.
Farage trying to block ‘Britcoin’ plans that could be costly for billionaire donor
Nigel Farage has been trying to block a Bank of England cryptocurrency plan that could be costly for the billionaire bankrolling his party.
Transcript of the Governor's pooled broadcast interview given on 18 June 2026
Sky News - Governor, you’ve held interest rates where they are when we’ve had some more positive news round inflation, oil prices are coming down. It feels like a rosier picture, but you're still pretty cautious? Govern…
Drax cleared after investigation into sourcing of wood pellets
The City watchdog has closed an investigation into the power generator Drax after an almost 10-month review into the sourcing of wood pellets for its biomass station.
Bank Rate maintained at 3.75% - June 2026 Monetary Policy Summary and Minutes
At its meeting ending on 17 June 2026, the Monetary Policy Committee (MPC) voted by a majority of 7–2 to maintain Bank Rate at 3.75%. Two members voted to increase Bank Rate by 0.25 percentage points, to 4%.
Gig workers are endlessly exploited. AI could make more of us share their fate
In 2024, the buy-now-pay-later company Klarna announced that it would cut hundreds of customer service roles and begin using an artificial intelligence chatbot instead. The move was expected to save the company millions…
Dubai property sales have fallen ‘off a cliff’ since start of Middle East war
Property sales in Dubai have fallen “off a cliff”, a leading market watcher has said, after war in the Middle East forced a dramatic slowdown in one of the world’s most expensive real estate markets.
NHS patients face worst drug shortages on record, say pharmacists and GPs
Britons are facing some of the “most severe” shortages of NHS medicines on record including common painkillers, epilepsy drugs and HRT, health leaders have warned, even forcing some patients with impaired digestive syst…
Bank of England expected to leave interest rates on hold; UK unemployment falls – business live
Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy.
The Guardian view on Britain and the EU: Ed Davey is right – a changed world changes the argument | Editorial
Membership of the European single market was at stake when the UK voted on Brexit, but it was not the decisive question in the campaign. The leave campaign dishonestly promised a cost-free severance of ties with Britain…
Titan sub: design flaws and company groupthink central to catastrophe, report finds
Canadian officials find structural defects in material used for hull and say firm failed to fully test ‘novel’ design
Warsh to review how Fed works after holding US interest rates at first meeting
The Federal Reserve held US interest rates between 3.5% and 3.75% after Kevin Warsh's first meeting in charge of the central bank.
Federal Reserve holds interest rates steady for fourth time this year
The US Federal Reserve left interest rates unchanged for the fourth time this year after its first meeting under new chair, Kevin Warsh, a Donald Trump appointee who has taken over the central bank during a tumultuous t…
I once protested against the G7. I feel no need now, because it’s collapsing all by itself | Zoe Williams
When 200,000 protesters gathered to meet the G8 summit in Genoa , 25 years ago, their point (our point, in fact; I went on a coach, it took two and a half days) was that eight rich nations shouldn’t dictate the rules to…
Protesters to rally against World Cup sponsor Hyundai before Mexico game
Hyundai will be targeted by protesters at a rally before the Group A game between Mexico and South Korea in Guadalajara on Thursday, due to the World Cup sponsor’s business dealings with the South American mining compan…
Announcement of the publication of the Governor's interview transcript
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What is happening to UK prices?
Inflation in the UK was 2.8% in the year to May, according to new figures from the Office for National Statistics.
Index-linked Treasury Stock
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