The Latest Breaking News from Andrew Bailey

New chancellor promises City bosses ‘radical’ plan for economic growth and smooths over Truss’s threat to review Bank’s remit

‘It’s important that there is clear way forward on policy’, says governor Andrew Bailey on Liz Truss plan

From Formula Ford Festival winner Vincenzo Sospiri watching his old team boss John Village in action, to Shawn Rashid singing the praises of his Le Mans class-winning mentor Johnny O'Connell and a special display of Vauxhalls at Brands Hatch, there were plenty of unusual stories from national motorsport this week

New figures released this morning are expected to show that Britain is suffering the worst cost of living crisis since the 1980s, as sharp rises in food and fuel costs continue to put strain on households

“The side effects to some of the medication was horrendous, but losing the money was worse."

Anger as thousands of Bank staff enjoy ‘performance awards’ when governor had urged other British workers not to demand big rises

Higher mortgage costs will hit homeowners and tenants, investment and consumer spending. In a recession. I hope they’re proud of their acquisitive selves

Labour’s Rachel Reeves says Conservatives are ‘playing blame game’ for UK’s economic problems

He has been accused of being asleep at the wheel over inflation, but sacking the Threadneedle Street chief would be a risky step