The Latest Breaking News from The Bank of England

The IMF raised the prospect of summer cuts to interest rates by the Bank of England, and of a fall from 5.25 per cent to 4.5 per cent in 2024

City Comment: The Bank should start chopping interest rates as soon as it can

One in 10 officials to be based in city within three years and 70-strong team will increase to 500

Unite union study of 17,000 firms shows sectors from energy to banking, and vets to car dealerships, profited from inflation crisis

MP criticises policies on interest rates and bond-selling as Tory rightwingers call for review of Bank’s independence

While the government will seize on any crumbs of comfort it can find, the bigger picture on growth tells a different story

Gross domestic product expanded 0.6 percent in the first three months of this year, the Office for National Statistics (ONS) said, noting strong growth in service industries and car manufacturing.

British economy shows strong growth in Q1, ending a technical recession. Interest rates may decrease to boost growth.

British political junkies will effortlessly reel off the names of all nine US Supreme Court justices, but their minds go mysteriously blank if you ask them to identify a single member of the Bank of England's nine-strong Monetary Policy Committee (MPC). And frankly, this newsletter has had enough of the…

Bank of England maintains UK interest rate at 5.25%, hints at possible reduction in June. Inflation outlook positive, with potential for rate cut to aid ec...

The outlook for a summer interest rate cut should become clearer today when the Bank of England publishes its latest economic forecasts.