The Latest Breaking News from Bank of England

THE City of London is home to many useful and responsible financial institutions. But this respectable facade also conceals a host of less savoury…

Watchdogs say six-year investigation had determined no grounds for action against unnamed individuals

The UK is facing a summer of discontent with rising energy bills, soaring food prices, flight cancellations, a looming recession and strikes expected across the country in the coming months

Cineworld has signalled its intention to declare bankruptcy. Like many companies in the UK and elsewhere, the London-based cinema chain took on massive amounts of debt to expand. It is expected to use the Chapter 11 process in the US to restructure its debt and other obligations.

Former chancellor says rival’s economic proposals could ‘spook international investors’

City traders bet central bank will more than double cost of borrowing to combat soaring inflation

Gathering economic crisis underlined by a drop in business activity rattles market

Experts forecast that Consumer Price Index inflation will reach 18.6% in January

Citi says 18%, official forecasts say just over 13% -- why so high and when will inflation peak?