The Latest Breaking News from Bank of England

Basic pay outpaces inflation for the first time in almost two years, but fall in vacancies suggests jobs market is cooling

UK stuck between weak economic growth and risk of persistently high inflation, says thinktank

Heckler storms stage shouting ‘we are in crisis’ before being dragged off by security

Ex-Bank of England governor’s backing for shadow chancellor shows how far Labour’s economic message has travelled

Mark Carney says ‘beyond time’ for a Labour government in major coup for opposition

Experts warned that economic conditions and young people’s expectations could fuel demand that pushes prices even higher.

Former Bank of England governor Mark Carney endorses Rachel Reeves in video message to the Labour party conference in Liverpool

Lender secures £325m capital from new and existing shareholders and £600m of debt refinancing

It’s been more than a year since the UK economy was thrown into crisis after then-prime minister Liz Truss suggested making a wealth of unfunded tax cuts in her September 2022 mini-budget. But a recent bond market sell-off has now sent borrowing costs rocketing again, pushing the bond market even…