The Latest Breaking News from Bank of England

A titanic battle between warring politicians in Venezuela for control of the country’s £1.3 billion gold bullion reserves is being heard by a High Court judge in London this week.

The recent sharp rises in inflation have effectively put an end to three decades of relative price stability in the UK. The prices of most goods and services have gone up and could go even higher.

The former Army officer says the country needs ‘a serious government for serious times’

Euro slides to a 20-year low of $1.0001 on anxiety that Europe will fall into recession, as Heathrow introduces limit on summer holiday passengers

Promises of tax cuts from candidates to succeed British Prime Minister Boris Johnson pose another inflationary risk which could pressure the Bank of England to raise interest rates more aggressively, cancelling out any potential boost to the economy.

Shares hit as China try to quell resurgent Covid-19 outbreaks, while shares in Twitter drop after Musk tries to cancel takeover, and Uber is hit by leak

Central banks are starting to shrink their balance sheets, but fund managers say they have no clue as to how QT will play out

Policymakers can only wait and see how the next prime minister’s tax and spend policies will affect the economy

The recent dramatic events that led to the resignation of UK prime minister, Boris Johnson, on July 7 2022 raise the issue of how politics – and economic policy uncertainty more specifically – affects the UK economy. The answer, of course, is that it does, and sometimes for as much…

Insurance regulator says post-Brexit softening of rules will put billions of pounds of pension saving at risk

City Voices: Britain will do better than the EU and the US this year