The Latest Breaking News from Bank of England

Rishi Sunak and Jeremy Hunt explore options to help tech and life sciences sectors

Industry leaders expected to call for state intervention to avoid failure of hundreds of UK firms

Decision comes hours after US arm collapsed

For anyone trying to understand where interest rates and inflation are heading, it has been a strenuous few days. Jay Powell, chairman of US central bank the Federal Reserve, warned senators he may have to do more to fight inflation than expected, indicating the prospect of interest rates rising more…

The presentation of loyal addresses took place at Buckingham Palace on Thursday.

The Bank's interest rates have a major effect on other rates all across the UK and could directly affect your finances

Labour knows the UK needs a green recovery plan like Joe Biden’s, but the Tories have neither the courage nor will to follow suit, says the Guardian’s economics editor Larry Elliott

With inflation cooling rate-setter Swati Dhingra says higher borrowing costs pose ‘material risk’ to already-weak economy

Shadow chancellor said ‘barely a week goes by without a story of some of sort of abuse of power’ in Westminster, where male MPs outnumber women MPs two to one

Solvency II reforms governing sector may prove inadequate, warns Sam Woods, head of the Bank’s regulatory arm

Catherine Mann concerned firms could take advantage of people’s willingness to tolerate higher prices