The Latest Breaking News from Bank of England

The interest rate is set to soar to the highest level since the financial crisis of 2008

The MoneySavingExpert advises on how to slash your interest rates to nothing ahead of credit card deals worsening if the Bank of England hikes interest rates as early as tomorrow

Hike in interest rates would be the biggest in 33 years and would heap renewed pressure on borrowers

Money markets are anticipating that the Bank of England could raise interest rates to 2.5% tomorrow (September 22) in what would be the biggest rise in 33 years

Over the past 14 years, older homeowners have continued to benefit – creating an unpleasant form of economic progress, says sociologist and political economist William Davies

The financial guru has explained how credit card deals could worsen if the Bank of England increases interest rates for the seventh time in a row

Many people on interest-only mortgages have seen their bills skyrocket since rates went up in August

Martin Lewis explained how credit card deals could worsen if the Bank of England hikes interest rates for the seventh time in-a-row - if you have debt already, there is a way to slash your interest rates to nothing

MPC is dominated by people with little ‘real world’ knowledge and prone to groupthink, says ex-committee member

The new monarch will replace his late mother on UK currency

The world is facing the risk that major central banks will undertake competitive interest-rate hikes that may look desirable for their countries individually but could drag the world economy into an unnecessary recession.