The Latest Breaking News from Bank of England

Analysts expect more financial jitters after Bank of England ends intervention, while new chancellor tries to project calm

Jeremy Hunt is trying to reassure hedge funds but UK’s reputation for political stability has been shredded

All advanced economies are facing a tough future as interest rates spike. But only one decided to add a heap of uncertainties of its own making

There’s relief among Conservative MPs as the new chancellor seeks to bring stability back to government

MPs will urge Graham Brady to tell PM ‘her time is up’

Bear markets are never easy. Not even for bears. Today's action is a reminder of that, and why the POWR Stocks Under $10's charter is to remain at least 50% invested. In a way, it reminds me of what happened in February, when markets were sinking lower on the prospects…

The governor also revealed that he has met with new chancellor Jeremy Hunt

Andrew Bailey says UK borrowers can expect to feel impact of Truss government’s tax and spending decisions

Bank of England Governor says ‘inflationary pressures’ could prompt stronger response than bank had previously thought

‘Stronger response’ needed to tackle inflation, says Andrew Bailey

Britain's new finance minister Jeremy Hunt said on Saturday some taxes would go up and tough spending decisions were needed, saying Prime Minister Liz Truss had made mistakes as she battles to keep her job just over a month into her term.