The Latest Breaking News from Bank of England

Faced with the the biggest inflation rise in 40 years, the Bank must do more than berate workers, says Sahil Dutta, lecturer in political economy

House prices jumped 9.9 per cent in the year to March 2022. With interest rates increasing, is a crash on the way?

UK inflation fell this week as fuel prices dropped

London (AFP) - Britain's annual inflation rate surged to a 40-year high last month on rocketing energy costs, official data showed Wednesday, sparking opposition calls for the government to announce an emergency budget to combat a cost-of-living crisis.

She has confronted Home Secretary Priti Patel about her struggle to survive

Prices rose at the fastest rate since 1982 in April as the energy price cap jumped and the price of fuel soared

Spiralling inflation, fuelled by rising petrol and food prices, is hitting the pockets of UK households with the invasion of Ukraine being blamed for rising oil prices

UK inflation hits 9%, its highest level since 1982, with food inflation highest since 2011

New York (AFP) - Global stock markets rallied Tuesday on hopes that China will ease its weeks-long Covid lockdown and gradually reopen businesses.