The Latest Breaking News from Bank of England

The financial expert advises the public not to make plans about homeownership that anticipate interest rates returning to the levels of recent years

Index tops previous high set in 2018

How many times, dear reader, over the last few months, in conversations with friends and colleagues, over dinner or coffee, have you discussed how depressing the UK is right now? I had this very conversation with a Spanish friend of mine yesterday, who cannot wait to escape London for Madrid…

Interest rates are no longer expected to rise as high as feared this year, a Bank of England chief said on Friday.

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

The decision was taken to help keep 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

As the base rate reaches 4%, we hear from people concerned about rising mortgage costs

Energy giants are reaping the benefits of high energy prices. Shell followed ExxonMobil in doubling its annual profit for 2022 to nearly $40 billion, the highest in its 115-year history. It's sparked outrage among climate activists and those calling for higher taxes as households struggle with high energy bills. Also…