The Latest Breaking News from Bank of England

A TOP pro-independence economist has said the Scottish Government’s currency plans are “so wrong” he would vote No in a future referendum.

The Bank of England has already increased interest rates and is expected to increase them further next week

London (AFP) - European equities rose Tuesday on upbeat US earnings, with sentiment also soothed after Britain shredded its controversial budget.

Rate rises are the biggest threat to the economy, Marks & Spencer chairman Archie Norman warns

A series of government U-turns has changed how it plans to tackle the cost of living crisis

Embattled UK Prime Minister Liz Truss on Monday apologized for going "too far too fast" with reforms that triggered economic turmoil, but vowed to remain leader despite a series of humiliating climbdowns. "I do want to accept responsibility and say sorry for the mistakes that have been made... we went…

London (AFP) - Embattled UK Prime Minister Liz Truss on Monday apologised for going "too far too fast" with reforms that triggered economic turmoil, but vowed to remain leader despite a series of humiliating climbdowns.

The ASX has jumped and US stocks rallied overnight after the UK Government ditched major parts of its economic plan that caused turmoil in financial markets, and the Bank of America posted stronger earnings. The Reserve Bank says it will keep raising interest rates.

Four advisers, including George Osborne’s ex-chief of staff, named, with chancellor seeking to repair damage from mini-budget