The Latest Breaking News from Bank of England

The UK local elections in May saw gains for nationalists in Scotland and Northern Ireland, raising the prospect of increased debates over the future make-up of the country. In Scotland, First Minister Nicola Sturgeon, is hoping to hold a second independence referendum in 2023.

Millions of Britons are struggling as the price of everything soars amid rising energy prices and inflation. Kate Ng turns to financial experts for advice on how to deal with it all

BoE’s Huw Pill says MPC faces its biggest challenge in 25 years, and indicates further monetary tightening needed to avoid wage-price spiral

Arla Foods' chief commercial officer Peter Giortz-Carlson said farmers are struggling with the price of packaging and feed for animals, and this will have to be passed on to shoppers

The rate of inflation has now reached a 40-year high of 9%.

House prices jumped 9.9 per cent in the year to March 2022. With interest rates increasing, is a crash on the way?

Professor Richard Murphy says politicians are doing almost nothing to help people who are struggling because they believe the market can solve a problem better than anything the government can do

In today’s newsletter: As inflation hits a 40-year high of 9%, Archie Bland explores the causes of the crisis, and the potential solutions left out of the debate

Iceland and its sister store The Food Warehouse are offering shoppers aged 60 and above money off their groceries every Tuesday to help those struggling with soaring costs

Cost-of-living is to get worse as inflation is expected to continue rising, Bank of England warns

Editorial: Tories say taxes must fall to curb inflation, even at the cost of a higher deficit. Labour should argue that public spending could be increased for the same reason