The Latest Breaking News from Bank of England

It could be the biggest change in 30 years, piling on bills for millions of people

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

The Bank of England is trying to use higher borrowing costs to cool runaway inflation - but the timing was slammed by ex-MPC member Professor Blanchflower, who said he would vote to cut rates instead

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