The Latest Breaking News from Bank of England

Westminster is perpetrating the same scam as the rate-setters – bluffing that they can get the old economic machinery working like before, says Guardian columnist Aditya Chakrabortty

Markets expect 0.5 percentage-point rise for first time since independence as inflation rises

Younger people were much more likely to have faced financial difficulties in the last six months, according to an Ipsos poll.

The average monthly payment could rise to £1,000

Resolution Foundation says Bank of England likely to forecast higher and later peak, on eve of interest rates decision

Mortgage prices are set to soar if the Bank of England hikes base rate tomorrow as predicted, with people on variable rate homeloans set for the quickest price rises

It’s going to be easier to get on the property ladder following a recent decision by the Bank of England to relax some of the criteria for getting a mortgage. Combined with expectations of a slowdown in the property market, this news will be something of a relief to those…

Bank of England expected to hike interest rates by 0.5% to tame out of control price rises fuelled by Russia’s war in Ukraine

Interest rates are expected to rise as the Bank of England tries to tackle spiralling inflation