The Latest Breaking News from Bank of England

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.

The Prime Minister also remained ‘committed’ to the growth measures set out in the Chancellor’s mini-budget, her official spokesman said

Pensions hedging crisis shows how the City never seems equipped to handle the next big financial hazard

Some pension funds want bond-buying scheme to continue beyond October

The Bank of England has expanded its emergency effort to stabilize the financial markets amid concerns the government’s plan to slash taxes pose a “material risk” to Britain's fiscal stability

The Prime Minister also remained ‘committed’ to the growth measures set out in the Chancellor’s mini-budget, her official spokesman said.

Fund says chancellor’s measures have made Bank of England’s battle against inflation more difficult

Unemployment dropped from 3.6% to 3.5% in the three months to August