The Latest Breaking News from The Bank of England

Thinktank says stronger than expected tax revenues have given chancellor scope for bold package in autumn statement

An average house in London could be worth over £70k more in five years time, but prices have further to fall first says Savills

Drop in retail sales also because of consumer worries over high energy bills and mortgages, surveys suggest

Stablecoin issuers would be required to fully back the digital currencies with deposits at the Bank of England

Interest rates appear to have finally peaked. Mortgage holders may be expecting relief and savers disappointment, but what do the experts think?

The former Conservative chancellor said he had been impressed by the shadow chancellor

Labour leader tries to draw a line under fraught week in which members of his frontbench have been in open revolt over his stance on Gaza

Thousands of Bangladeshi garment factory workers have again taken to the streets to demand better wages and voice frustration with higher rent and bills. They're calling for the equivalent of €200 per month, with most currently earning €70. Plus, the Bank of England holds its main interest rate steady at…

Governor Andrew Bailey said it was “much too early” to think about cuts to interest rates

Monthly hikes in base rate may have stalled, but the cost-of-living squeeze has not gone away

The Bank of England kept its main interest rate unchanged at the 15-year high of 5.25% and indicated that borrowing costs will likely remain at these sort of elevated levels for a while yet especially if oil and gas prices increase sharply in light of the conflict between Israel and…