The Latest Breaking News from Bank of England

Millions of households are under pressure to cut back on spending as prices soar

Buyers face bidding wars to snare homes despite soaring inflation, cost of living crisis and fears of property crash

Welshman Huw Pill was speaking at an ACCA Wales event in Cardiff

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

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%.