The Latest Breaking News from Bank of England

Interest rate remains set at 4.5 per cent but there are still expectations of cuts this year

Rate-setting committee also points to mounting global uncertainty as it pauses its cycle of reductions

Canada is facing a trade war with America and Donald Trump’s repeated vows to make the nation its 51st state.

Charles welcomed the former governor of the Bank of England to the royal residence during his visit to London.

Charlie Bean says OBR forecasts are ‘flaky’ and cautions against trying to hit targets five years away

Major central banks are set to decide on interest rates this week, providing guidance on market trajectory. Investors will particularly focus on the Federal Reserve’s policy outlook, as the bank may step in and buoy a wobbly Wall Street after it fell into correction territory.

‘Murky as the picture looks now, some things will become a lot clearer soon’

Former Bank of England governor replaces Prime Minister Justin Trudeau

Donald Trump launched a trade war yesterday, as the US President activated his 25 percent steel and aluminum tariffs.