The Latest Breaking News from Bank of England

Watchdog says size of fine reflects length of time taken at the firm to address its concerns

Inflation in the UK has spiked back to its 40-year high of 10.1% as households and businesses continue to struggle with soaring food and energy prices. The data come "despite the Bank of England trying to turn down the heat on this bubbling pot of prices", says Susannah Streeter, Senior…

Bank would have warned of any a threat to ‘financial stability’ – but was in the dark about tax cuts to be unleashed

People with less than a year left to run on their mortgage could be particularly vulnerable to making big spending cuts, according to YouGov.

UK inflation hit a 41-year high in October as gas prices soar

On the Martin Lewis Money Show on ITV, the financial guru also explained if householders should be overpaying on their mortgage with savings

Inflation is now at 10.1% putting more pressure on household spending - but how exactly does rising inflation affect your money and will inflation keep going up?

Despite a deepening crisis, it wasn’t until homeowners were threatened that Westminster reacted, says political economist William Davies

UK inflation is back in double digits after soaring food and drink prices sent September’s annual rate to an equal 40 year high of 10.1%.