The Latest Breaking News from Bank of England

It’s the next big market call that could enrich traders across Wall Street: The raging global energy crisis and ever-more hawkish central banks knock key economies into 1970s-style stagflation.

The Bank of England (BoE) already faced a tough decision at its next meeting on 5 May. How to quell inflation without scuppering the UK economy? GDP, employment, and inflation data this week just made the BoE’s job a whole lot harder. That’s potential bad news for GBP/USD, which rode high…

Polymer banknotes are a lot harder to replicate than the traditional paper ones, but it isn’t impossible that you could be given a fake note in your change - here's how to spot one

Raw material costs for manufacturers jumped by 19.2% in March, the biggest leap since records began, stoking fears that inflation could climb higher than expected

UK inflation today jumped to a bigger-than-expected annual rate of 7% as the cost of living crisis shows no sign of easing.

City economists think the Monetary Policy Committee will hike the UK’s interest rate to 1% at its next meeting on May 5

Andrew Bailey was a guest of Hull and Humber Chamber of Commerce

I wish the venerable institution would drop its missions and makeovers and concentrate on managing the nation’s wealth

Central banks talk tough about tackling inflation, but raising borrowing costs now risks plunging us into recession this year

Shortage of homes for sale and ‘race for space’ drove average cost to 282,753 in March, says Halifax

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