The Latest Breaking News from Bank of England

For those of a certain maturity, the Nineties offered mixed messages. The overthrow of Margaret Thatcher, the ERM debacle and the humiliation by elements in his own party of John Major were all associated with enduring economic misery. The arrival in 1997 of Tony Blair and Gordon Brown, the independence…

The TUC has published a study by the New Economics Foundation (NEF), accusing the government of playing "smoke and mirrors" with its figures

Pound edges up as stronger economic growth increases chances of further interest rate rises

Rises in interest rates are driving unemployment, low wages and poverty while the banks cash in, says campaigner Fran Boait

Across the UK an estimated 96,650 house sales took place in January 2023, which was the weakest start for eight years.

Andrew Griffith made the suggestion in a discussion with banking representatives

Britain’s inflation rate fell for a third consecutive month in January, boosting optimism that the cost-of-living crisis has peaked and prices will fall sharply later this year

Money writer Linda Howard, answers your questions and comments on the impact of inflation on cost of living on February 16.

Today's 10.1% figure is marginally down from the 10.5% previously recorded and means inflation has fallen further back from a 41-year high of 11.1% recorded in October