The Latest Breaking News from Bank of England

North Wales estate agent Ian Wyn-Jones has warned how mortgage offers are now being pulled, as the market was left spooked this week following the Mini-Budget delivered by Kwasi Kwarteng

Hong Kong (AFP) - The pound and European equities fell Thursday after the previous day's bank of England-fuelled rally, with investors growing increasingly worried about the UK economy as Prime Minister Liz Truss backed the controversial mini-budget that sparked turmoil across global markets.

A Tory former secretary to the Treasury has said the Government has caused a 'crisis'

The Prime Minister refused to accept she was wrong after borrowing £72bn in one year alone to fund tax cuts, sparking turmoil and a £65bn Bank of England bailout

Former governor’s comments come after central bank forced into £65bn intervention to avert financial crisis

Prime minister and Treasury secretary fail to restore investor confidence in series of interviews, as government bond yields rise and stock markets tumble

As post-mini-Budget chaos engulfs Britain, Treasury minister Chris Philp refused to rule out a real-terms cut to DWP Universal Credit, asked for 'efficiency savings' and said 'I'm not going to apologise'

Mark Carney says mini-Budget measures ‘working at some cross-purposes’ with central bank

The Bank of England’s intervention in the UK government debt market was expected to cost £65 billion, with £5 billion in bond buying every day for a further 13 days.