The Latest Breaking News from Bank of England

Consumer rights expert Martyn James explains everything you need to do if you can't afford your bills after the Bank of England raised interest rates from 1.25% to 1.75%

Rishi Sunak warned that unless inflation gets under control, there is ‘no hope’ the Tories will win the next election.

RECAP: Asian equities mostly rose yesterday as a drop in oil prices to pre-Ukraine war levels stirred hopes of a slowdown in inflation and bank interest-rate hikes. But while global markets have enjoyed a broadly positive week, recession worries and Chinese military drills around Taiwan have traders' nerves on edge.

Tory favourite for No 10 says taxes should be kept low as rival Sunak says his priority will be to tackle inflation

Former chancellor warns rival Liz Truss will fuel price rises by cutting tax too soon

‘If Russia were to completely cut supplies and we had a cold winter it would be a perfect storm’

LIZ Truss beamed with joy as she visited the world’s largest Union flag on Friday.

A typical UK property now costs £293,221

A recent report has warned that the UK is headed for a recession that will plunge millions of vulnerable households across the UK into financial crisis.

Labour’s Rachel Reeves says Conservatives are ‘playing blame game’ for UK’s economic problems

Treasury spokesperson expresses hope Sunak has quality time with his family in ‘whatever job he gets next’