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Nationwide, Barclays and Halifax cut mortgage rates despite Bank of England set to raise interest rates this week

Banks are being forced to compete harder for customers, as the housing market remains sluggish and higher rates put people off moving home.

Covered by 4 sources from United Kingdom. First reported by Daily Mail ·

How 4 newspapers cover this story

  1. Daily MailUnited KingdomFirst report

    British manufacturers battered by rising costs as pressure mounts on Bank of England to raise interest rates to tame inflation amid warnings it will hit 5% this winter

    Britain's manufacturers are being battered by soaring costs - piling pressure on the Bank of England to raise interest rates this week as it battles to keep inflation under control.

    · Nationwide, Barclays and Halifax cut mortgage rates despite Bank of England set to raise interest rates this week

    · Households face fresh squeeze as Bank of England set to raise interest rates

  2. Evening StandardUnited Kingdom

    Bank of England expected to raise interest rates for first time since 2023

    Many economists think rate-setters will want to tackle rising inflation in the UK economy by tightening monetary policy.

  3. BBC NewsUnited Kingdom

    What's happening to UK interest rates and what does it mean for mortgages?

    The interest rate set by the Bank of England affects mortgage, loan and savings rates for millions.

  4. The i PaperUnited Kingdom

    Barclays, Halifax and Nationwide cut mortgage rates as sub-5% deals available again

    ... but banks' offerings are still expensive compared with the start of the year

Coverage details

4 outlets from United Kingdom are covering this story: Daily Mail, Evening Standard, BBC News and The i Paper. Daily Mail published it first, on November 2, 2026; the last outlet to join was The i Paper, 26 hours later.

Key names in the coverage: Bank of England, Nationwide, Barclays and Halifax.

In total 6 articles have been published, because some outlets updated the story several times.

More news from November 2, 2026 →

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