The Latest Breaking News from Bank of England

Business groups and economists fear further increases risk rise in corporate bankruptcies and unemployment

Inflation in Britain fell unexpectedly in August to its lowest level since the start of Russia’s invasion of Ukraine, which led to sharp rises in energy and food costs

Core inflation, which excludes food and energy prices, fell to 6.2 per cent, shocking economists and likely putting an interest rate pause on the table when the Bank of England meets on Thursday

City Voices: Andrew Bailey told Parliament last week that interest rates were near the top of the cycle. So why is he so keen to sell gilts?

Mark Carney says ex-PM was in the ‘demolition business’ – as Truss tries to defend her economic policies on anniversary of mini-Budget disaster

A profit warning by B&Q owner Kingfisher and robust trading figures from Ocado provided the main interest in the FTSE 100 today.

Rising unemployment and sluggish economic growth are unlikely to derail Threadneedle Street’s drive to curb inflation

Jump in borrowers unable to make payments with landlords particularly hit and ‘worse to come’

Figures will add to Bank of England’s dilemma over whether to increase interest rates again next week

Warning against pumping ‘money into people’s pockets’ comes amid hints Bank of England will again raise rates

As global central banks have raised interest rates, the Bank of England (BoE) has increased in the past 14 meetings due to elevated inflation. Recently, the BoE governor spoke to the UK Parliament and stated that the central bank was approaching the conclusion of its interest rate hikes. The timing…