The Latest Breaking News from Bank of England

Swati Dhingra says economy has flatlined and millions of mostly young and poorer people could be affected if rates stay high

Heckler storms stage shouting ‘we are in crisis’ before being dragged off by security

Ex-Bank of England governor’s backing for shadow chancellor shows how far Labour’s economic message has travelled

Mark Carney says ‘beyond time’ for a Labour government in major coup for opposition

Experts warned that economic conditions and young people’s expectations could fuel demand that pushes prices even higher.

Former Bank of England governor Mark Carney endorses Rachel Reeves in video message to the Labour party conference in Liverpool

Lender secures £325m capital from new and existing shareholders and £600m of debt refinancing

It’s been more than a year since the UK economy was thrown into crisis after then-prime minister Liz Truss suggested making a wealth of unfunded tax cuts in her September 2022 mini-budget. But a recent bond market sell-off has now sent borrowing costs rocketing again, pushing the bond market even…

Rolling coverage of the latest economic and financial news, as US non-farm payroll shows surge in hiring last month

Despite recent house price falls,the average property value remains more than £39,000 above pre-pandemic levels, Halifax said.

UK house prices were down 4.7% , the Halifax House Price Index found