The Latest Breaking News from The Bank of England

Pharmaceuticals giant has hit a £200bn stock market valuation, a decade after fighting off Pfizer’s takeover approach

City economists predict annual rate to rise to 2.3% in July after two months at Bank’s 2% target

A £22bn ‘black hole’ could be filled overnight if Labour stopped paying unnecessarily high interest on balances at Threadneedle Street

Mortgage payers and business owners vainly hope cut to 5% signals return to pre-pandemic era of cheap borrowing

Savers are told to look beyond the more familiar big banks

The inflation spike caused by external factors including the Ukraine war might be over, but the importance of interest rates to the UK economy isn’t going away. Continuing global instability and the newly elected Labour government’s commitment to growing the economy mean the Bank of England will have to stay…

Bank of England's rate cut aims to boost economy amid Brexit uncertainties. Lower rates may impact inflation.

Bank of England cuts interest rates to 5% to address economic slowdown and lower inflation, impacting housing market and inflation risks.

City Voices: The MPC needs to be much bolder