The Latest Breaking News from Andrew Bailey

As the St. Louis mayor pushes legislation that would prohibit “military-grade weapons” on city streets and make it a crime for “insurrectionists” and those convicted of hate crimes to possess firearms, Missouri’s Republican attorney general is warning that such a law would violate the state constitution

Prime minister also calls for wage growth to be sustainable to help economy grow

City Comment: Andrew Bailey and Co will feel they have no other choice

The news will almost certainly encourage the Bank of England to raise interest rates even further

The Financial Conduct Authority said it will take action if firms offering the lowest savings rates are unable to justify how they offer fair value.

Tory MPs call for targeted tax cuts as Labour criticises 14th interest rate hike as ‘mortgage bombshell’

Rise to 5.25% comes as no surprise but Bank of England’s language will frighten many

Policymakers vote for quarter-point rise to 5.25%, the 14th increase in a row, as Bank rules out prospect of recession

Bank will have largest ever number of women on rate-setting monetary policy committee after appointment

Former Fed chair appointed as Bank faces pressure to explain why economic forecasts have been so wide of mark

"We had to wing it on this occasion."