Bank of England
Covers the Bank of England’s monetary policy decisions and their implications for the UK hospitality sector. Reporting includes interest rate changes, inflation forecasts, and economic outlooks, with analysis of how these factors influence borrowing costs, consumer spending, and investment within the hotel industry. Also features insights into the Bank’s strategic partnerships and initiatives affecting hospitality businesses.
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May- 2025 -8 MayEconomy
BoE cuts interest rates to 4.25%
The Bank of England (BoE) has cut interest rates to 4.25%, down from the previous rate of 4.5%, marking the…
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Apr- 2025 -1 AprilProperty
Blue Orchid to convert Atlas House into a 104-room boutique hotel
Blue Orchid Hospitality has been granted permission to convert Atlas House on King Street, Cheapside, to a boutique hotel with…
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Mar- 2025 -20 MarchEconomy
BoE holds interest rates at 4.5%
The Bank of England (BoE) has voted to hold interest rates at 4.5%, having cut the rate last month to…
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Feb- 2025 -6 FebruaryEconomy
BoE cuts interest rates to 4.5%
The Bank of England (BoE) has voted to cut interest rates from 4.75% to 4.5%, the lowest level since June…
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Jan- 2025 -8 JanuaryHotels
UK hotel sector welcomes occupancy boost in November
UK hotel occupancy levels saw a year-on-year boost in November, driven by the start of the Christmas party season, occupancy…
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Dec- 2024 -20 DecemberLatest News
Today’s news in brief – 20/12/24
The King’s Head Hotel in Cirencester has entered administration as of 29 November 2024. FRP Advisory has been appointed as…
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20 DecemberTrade Organisations
UKH disappointed in BoE decision to hold interest rates
UKHospitality has expressed disappointment in the Bank of England’s decision to hold interest rates at 4.75%, which came after a…
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19 DecemberLatest News
BoE holds interest rates at 4.75%
The Bank of England (BoE) has voted to hold interest rates at 4.75%, following a recent hike in both inflation…
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18 DecemberEconomy
Inflation hits eight-month high of 2.6% in November
Inflation has risen for the second month in a row, rising to 2.6% in November, up from 2.3% the previous…
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Nov- 2024 -7 NovemberLatest News
Bank of England cuts interest rates to 4.75%
The Bank of England has cut interest rates for the second time this year, with rates now cut to 4.75%. …
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