The Latest Breaking News from Bank of England

Bank of England governor says UK government bond market now poses a 'material risk to UK financial stability'

Sterling fell more than a cent against the dollar to its lowest rate since 29 September

Governor Andrew Bailey sparked more market turmoil after he said Bank of England support will end on Friday.

The pound fell after the Bank of England gave pension funds a three day warning to balance their books before it removes emergency support for the bond market on Friday

Australian shares have ended the session flat after a volatile trade on Wednesday, with gains in financials outweighing losses in mining and energy stocks, while caution prevailed ahead of key US inflation data due later in the week.

Index-linked gilts join list of things Bank is prepared to buy as dreaded phrase ‘material risk to financial stability’ returns

For the third time in a fortnight, the Bank of England has bought government bonds to calm financial markets

New Bank of England emergency bond-buying intervention in mini-Budget fallout

Senior Tories warned the Chancellor of further turmoil if he does not get the support of MPs for his fiscal measures.

Scott Dixon details his first-time buy journey and how he turned the £6,000 deposit for his first home - a £60,000 one-bed split level house in the Isle of Man - into a profit of £129,000

Duncan Weldon’s excellent book, Two Hundred Years of Muddling Through, an economic history of Britain from the Industrial Revolution up to the pandemic, almost had a different title: “I wouldn’t start from here”, based on the old joke about the tourist asking for directions.