The Latest Breaking News from Bank of England

Institute for Fiscal Studies says it is not possible to deliver cuts on that scale through efficiency savings

Pre-open movers U.S. stock futures traded lower in early pre-market trade on Tuesday after the Nasdaq index recorded its lowest finish since July 2020 in the previous session. The Philadelphia SE Semiconductor index fell around 3.5% on Monday after the US placed restrictions on exports of certain high-end chips to…

The Bank of England has intervened again to try and calm markets, as it confirmed it will now begin to purchase index-linked gilts, government bonds with interest payments in line with inflation

British Deputy Prime Minister Therese Coffey said on Tuesday she was confident that people's pensions were safe, after the Bank of England stepped into the bond market again warning of a risk to the country's financial stability.

Deputy Prime Minister Therese Coffey insists pensions are safe

‘Material risk to UK financial stability’, warns central bank

After Bank expands action to stave off ‘fire sale’ in wake of mini-budget, investors ask for longer expiry date

International Monday Fund says a ‘change in fiscal policy’ would help calm bond markets…on day that Bank of England steps up its bond-buying support

Downing St says Truss sticking to tax cut plans