The Latest Breaking News from The Bank of England

Chancellor Rachel Reeves has insisted she will “fight every day” to deliver economic growth after the latest official figures showed…

Alan Taylor, the most recently appointed member of the Bank’s monetary policy committee (MPC) said the UK is ‘in the last half mile on inflation’.

A surprise slowing in inflation has also boosted hopes that mortgage rates could ease.

Chancellor of the Exchequer Rachel Reeves said she will ‘fight every day’ to improve people’s living standards.

Inflation in the U.K. unexpectedly fell in December, a move that will likely fuel pressure on the Bank of England to cut interest rates again next month

Cooling UK inflation paves way for February interest rate cut, economists say; US inflation rises but key ‘core’ measure eases

She became Britain’s first female Chancellor in July against a daunting backdrop of a sluggish economy and competing demands for public spending.

Labour chancellor accused of ‘undesirable’ policies and ‘incompatible promises’

UK borrowing costs have risen rapidly to their highest level since the banking crisis of 2007-08, with implications for the government’s tax and spending plans. Yields on gilts, as UK government bonds are called, have been rising – and these yields are effectively the level of interest that the government…