The Latest Breaking News from Andrew Bailey

Beyond the grief after a teenage volleyball player from Tennessee lost both legs following an accident in downtown St. Louis, her family and those around them are left to wonder why the driver responsible for the wreck was able to get behind the wheels of a car

The Missouri attorney general is calling for the resignation of a St. Louis prosecutor — after a motorist who repeatedly violated his bond conditions crashed and injured a teenage volleyball player who had to have both of her legs amputated

The Bank of England’s governor told MPs he is ‘concerned’ about the continued persistence of inflation, but expects the rate to halve this year

Bank of England governor Andrew Bailey was questioned by MPs on rising interest and inflation rates.

Bank of England and Treasury weigh up issues involved with creating digital pound

December’s GDP was boosted by us all cranking up the heating. Actual economic growth has not looked so weak in decades

The base rate increased from 3.5% to 4% to help bring double-digit inflation under control.

UK’s blue-chip index has hit a new record high of 7906 points, helped by weak pound, and hopes that interest rates may be near their peak

Hints by Bank of England that rates may have peaked leaves those remortgaging in a quandary