The Latest Breaking News from Bank of England

In today’s newsletter: Extraordinary protests have lit up Iran after a Kurdish woman died in police custody. Chowra Makaremi walks us through what it all means – and if this could be how the country’s theocracy ends

Government departments have been reportedly asked to make plans for efficiency savings

Treasury minister Chris Philp has refused to commit to an expected uprating of benefits in line with inflation

U.S. stocks and Treasuries rallied on Wednesday after the Bank of England’s decision to stage a market intervention boosted UK bonds and tentatively calmed markets.

The ASX and US stocks rally after the Bank of England announces a government bond-buying program to stabilise financial markets shaken by the UK government's tax cuts. AGL plans to exit coal earlier and Premier Investment jumps on special dividend.

Robert Buckland stood by Chancellor Kwasi Kwarteng’s plans during an interview with ITV Wales

Welsh Secretary Robert Buckland has stood by the Chancellor’s economic plans, saying it is time to be ‘bold’.

The Bank of England has launched a £65 billion emergency bond-buying programme, in an effort to calm the markets and avert a financial crisis. The "unprecedented" support comes amid mounting criticism of the government's plan to slash taxes. Also in the show: Beata Javorcik, Chief Economist at the European Bank…

Cabinet ministers ‘to be told to make efficiency savings’ amid growing Tory backlash over mini-Budget chaos