The Latest Breaking News from The Bank of England

Markets are now anticipating a high of 6% by early next year

September S&P 500 futures (ESU23) are down -0.19%, and September Nasdaq 100 E-Mini futures (NQU23) are down -0.29% this morning after three major U.S. benchmark indices ended the regular session lower as market participants digested a renewed warning issued by Federal Reserve Chair Jerome Powell, emphasizing the necessity of further…

The Bank of England may raise the interest rate for the 13th time in a row

‘There’s no other way around it’, says Jeremy Hunt adviser on looming UK recession

Rolling coverage as the Bank of England lifts UK interest rates to a 15-year high, as it contnues to fight inflation

The average two-year rate continued to surge today, hitting 6.19%

The Bank of England is poised to raise borrowing costs again to combat stubbornly high inflation, which has failed to come down from its peak as quickly as expected

Economists agree that the Bank is likely to raise interest rates on Thursday, and that more hikes are on the horizon

The missing submersible and Britain’s economy feature on the front pages of Britain’s papers.