The Latest Breaking News from The Bank of England

His comments follow a surprise increase in inflation earlier this week and the Bank of England's decision to raise interest rates - the 11th rise in a row - from 4% to 4.25%.

Bank governor Andrew Bailey speaks after increasing rates to highest level in 14 years

The UK’s central bank announces 11th consecutive interest rate increase as it focuses on fighting inflation.

I would ban all open letters. Don’t write one and never put your name to someone else’s. Open letters are petitions that went to Oxbridge and goad you into asking which college they attended. But there is one example I hold in particularly low regard: the exchange of letters between…

The Bank of England base rate has increased steeply from 0.25% in January 2022 to 4.25% in March 2023. More than 4 million UK households now have significantly higher mortgage costs as a result, while also dealing with the impact of soaring prices for other items such as food and…

It's the 11th consecutive time that interest rates have been increased - and it's bad news for the property market

The Bank of England’s move risks squeezing the economy just as inflation is expected to start falling

The Bank of England has increased the base rate for the 11th time in a row. We look at whether rates could rise further this year, and what the latest hike means for your mortgage and savings

The UK's interest rate has been risen up for the 11 consecutive time in a bid to drive down inflation