The Latest Breaking News from Bank of England

Like many other countries, the UK has developed a plan for a central bank digital currency (CBDC). A digital pound would essentially act like an online form of cash suitable for everyday payments. It would not earn any interest like a standard savings account (or even some current accounts), but…

Catherine Mann, a hawkish member of the MPC, says high rates necessary to stop inflation becoming embedded in wages and prices

Andrew Griffith made the suggestion in a discussion with banking representatives

Britain’s inflation rate fell for a third consecutive month in January, boosting optimism that the cost-of-living crisis has peaked and prices will fall sharply later this year

Money writer Linda Howard, answers your questions and comments on the impact of inflation on cost of living on February 16.

Today's 10.1% figure is marginally down from the 10.5% previously recorded and means inflation has fallen further back from a 41-year high of 11.1% recorded in October

The world ‘real’ betrays the vacuousness of political slogans. Think ‘real alternative’, ‘real change’ or my personal favourite: “Real plans for real people”. It is total fluff.

The fact that unemployment has started to rise suggests more painful days lie ahead

Jonathan Haskel said UK was an 'extreme outlier' when it comes to facing a slowdown in productivity