The Latest Breaking News from Bank of England

Government urged to ‘clean up their mess’ as bills to soar in wake of Truss mini-Budget

We’ve always known that politicians promise too much and deliver too little. But the gap between promises and delivery is a lot wider than it once was. It’s not so much that politicians have become more foolish over time (although, in some cases, that might well be true). It’s that…

New research from the Liberal Democrats calculate that someone with an outstanding mortgage of £236,000 would see their monthly interest payments double from £236 to £474

Business rates revaluation likely to hit hospitals and colleges, while big banks and department stores such as Harrods benefit

Spending cuts announced in the autumn statement have been widely dubbed “Austerity 2.0”

More to be asked to meet a ‘work coach’ but experts point to jump in long-term sickness due to gaps in public services

Experts feel the property market has been 'ignored' in the Chancellor's statement despite the mortgage turmoil that has occurred since the mini budget

UK chancellor Jeremy Hunt laid out his plans for the British economy today. The statement was made against a backdrop of a more than 40-year inflation high and recession warnings from the Bank of England.

The pound fell 0.9 per cent as the chancellor delivered the long-awaited Autumn Statement

Chancellor Jeremy Hunt delivers Autumn Statement to Parliament laying out package of tax rises worth £24bn and spending cuts of £30bn to plug massive public funding black hole

Plans are afoot to cut government borrowing with the economy on the brink of recession and the highest inflation for decades