The Latest Breaking News from The Bank of England

Bank MPC votes to cut borrowing costs but also slashes short-term growth forecasts for economy in blow to Rachel Reeves

Experts are predicting a rate cut to 4.5% – but signs of rising inflation leave the Bank walking ‘a tightrope’ for future reductions this year.

There are many ways to fund your home improvements and being cost-effective is key.

Exclusive: Several women claim City grandee exploited his position to harass or sexually assault them in the 1990s

Visit a supermarket in 2025 and you’ll see that a tub of Lurpak butter can cost £5.70. It may strike you that this represents a staggering increase from £3.65 just three years ago, so instead of paying the premium, you reach for the supermarket’s own brand at £3.80.

The UK is likely to make a cut this week; Trump has made it very clear he wants his central bank to follow suit

The Bank of England’s top economists will meet on February 6 when forecasters predict they will cut the base interest rate to 4.5%.

Investors are reportedly waiting up to eight weeks to unlock their gold and ship it to the U.S.

But a typical first-time buyer property would have a monthly mortgage payment equivalent to 36% of their take-home pay

In the weeks following Prime Minister Justin Trudeau’s resignation announcement, the race to name his successor seems to have become a two-person contest between former Deputy Prime Minister Chrystia Freeland and Mark Carney, the former governor of the Bank of Canada and the Bank of England.

CBI warns that businesses plan to cut jobs and raise prices while debt charity says millions are ‘facing worries’