The Latest Breaking News from Bank of England

Jonathan Haskel warns state of jobs market means inflation is likely to be higher than 2% target ‘for quite some time’

The impact of higher mortgage costs is now biting hard. Three million UK households face the prospect of having to renew their mortgage within the next two years as their fixed-rate periods come to an end. While nearly two-thirds of all borrowers have already remortgaged at more expensive rates, a…

Rachel Reeves, Britain's first woman finance minister, is a former child chess champion and Bank of England economist who has pledged to grow the nation's economy while showing strong fiscal discipline.

The predicted ATM withdrawal total is expected to be lower than it was on December 12 2019, when the last general election was held.

PEOPLE in the UK have been told to keep a close eye on their bank notes after a new King Charles III £10 note sold for £17,000 at auction ...

The 45-year-old has the perfect CV for the role, with experience at the Bank of England and in private finance – but how has her background shaped her tough stance on public finances?

Consumer credit borrowing bounced back to £1.5 billion during the month, up from £800 million in April, Bank of England data showed.

Gross domestic product expanded by 0.7 percent in the first three months of this year, the Office for National Statistics (ONS) said in a statement, upgrading the prior estimate of 0.6-percent expansion and beating market expectations for no change.

Growth revised higher for the first quarter but millions face end of fixed-rate deals

The property website said current house prices are ‘over-valued’ in terms of affordability by nearly £20,000.

The property website said current house prices are ‘over-valued’ in terms of affordability by nearly £20,000.