The Latest Breaking News from Bank

Bank says many surrounding countries will suffer severe hardship as result of invasion, with Russia predicted to fall into recession

I wish the venerable institution would drop its missions and makeovers and concentrate on managing the nation’s wealth

Central banks talk tough about tackling inflation, but raising borrowing costs now risks plunging us into recession this year

The Canada Infrastructure Bank (CIB), a federal government financial institution, opened its doors five years ago with great promise, vowing to deploy $35 billion of investments towards “the next generation of infrastructure Canadians need.”

Global inflation outlook contrasts with Bank of England, which estimates inflation will fall next year

Conflict adds strain to developing economies in east Asia and Pacific already struggling with Covid and inflation

The German Development Bank intends to provide financing grants for projects in 8 countries, including Egypt, Morocco, and Tunisia, with a maximum of $11.14 million. The German Bank requires the employment of a minimum of 125 people for every million euros granted in the project through the "Investment for Employment"…

Eight developments across London with shares of homes from £50,000.

The old £20 notes will stop being legal tender in six months

There are around £7 billion worth of paper £20 banknotes and £10.5 billion worth of paper £50 notes still in circulation.

Consumers and businesses will come under severe pressure from cost of living squeeze, says governor