The Latest Breaking News from The Bank of England

Former Prime Minister Liz Truss has doubled down on her claim that Britain would be in “far better shape” if her notorious mini-Budget had not been undermined by the “economic establishment” on the second anniversary of the tumultuous Commons statement that led to her ejection from office.

Tributes paid to one of the UK’s foremost economics commentators who was also ambassador to Washington

They believe the Chancellor may raise inheritance, pension and capital gain taxes

RACHEL Reeves is coming under pressure to reverse a cut to the Winter Fuel Payment after being handed a £10 billion Budget boost by the Bank of…

People in Martinique are protesting the cost of living. That's because food products on the island cost up to 42 percent more than in mainland France. Sri Lankans are gearing up for a presidential election – and this year, the economy will be at the top of voters' minds. The…

Money versus job satisfaction. It is the perennial professional quandary, but there may in fact be one exception: central banking. Jerome Powell, chair of the US Federal Reserve, earns $190,000 per year for the privilege of overseeing the greatest economy the world has ever seen. I'm not saying the job…

The Bank of England on Thursday kept its key interest rate at 5.0 percent, deciding against consecutive cuts one day after a bumper reduction from the US Federal Reserve.

While the UK is far from overheating, the MPC still sees inflationary dynamics within the economy

Some homeowners will still face a jump in their repayments when they come to remortgage, while savers may need to grab the top rates while they can.

Bank of England likely to maintain interest rates amid UK inflation concerns. US Federal Reserve cuts rates.

The Bank of England is widely expected to keep interest rates unchanged later Thursday despite a big cut from the U.S. Federal Reserve, its first since the onset of the coronavirus pandemic more than four years ago