The Latest Breaking News from The Bank of England

Thrilling exercise in democratic wish fulfillment, or costly vanity project?

ONS data shows jobless rate climbing to highest rate since June 2021 with growth in average earnings slowing to 5%

The chancellor’s emollient speech to City bosses this week was alarming. There are better ways to revive Britain’s fortunes, says Guardian columnist Larry Elliott

COMMENT: The Bank of England can still cut rates at its August meeting, reassures James Moore. So, this blip may prove temporary...

Property values rose by 3.9 per cent on average in the 12 months to May, up from 3.6 per cent annual growth in April, according to ONS figures

Property values rose by 3.9% on average in the 12 months to May, up from 3.6% annual growth in April, according to ONS figures.

UK inflation rose to a near 18-month high in June, with the Consumer Prices Index reaching 3.6 per cent, an unexpected increase from 3.4 per cent in May. The drivers of the increase included food prices rising for the third consecutive month, and a significant rise in air fares. The…

Analysts say pressure will be on Bank to keep interest rates higher for longer, as consumers’ mood stays gloomy

The “grim” jump in inflation to an 18 month high is not expected to prevent an interest rate cut next month

Crew leaves after investor disquiet over company’s lacklustre performance; UK food prices rise most since February 2024 but economists still expect August rate cut

Ditching the regulation in its entirety risks another financial crisis. Stamp duty on shares remains the background drag