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The Latest Breaking News from The Bank of England

Lessons from history for Scottish independence campaign

THEY may be more than 100 years old but the writings of one of the leading figures in Ireland’s fight for national liberation still have important…

The National (Scotland)

The great reset: Starmer pins hopes on six new policy ‘milestones’

PM announces priorities to ‘galvanise’ his premiership with pledges on better living standards, shorter NHS waiting lists, more police and 1.5 million new homes... as Bank of England warns firms will axe jobs in response to tax rises

The Independent UK

National insurance hike ‘biggest issue’ after Budget, Bank chief says

Andrew Bailey, speaking at the Financial Times’ Global Boardroom, said it is not yet clear what effect the tax change could have on inflation.

Evening Standard

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read the most diverse news in one place.

Sir Kit McMahon obituary

Deputy governor of the Bank of England who helped to rescue the Midland Bank from collapse in the late 1980s

The Guardian - UK

Mortgage costs could jump for 4.4m households by end of 2027 – Bank of England

The central bank stressed that UK lenders are still in a strong position to support households and businesses, even if the economic backdrop worsens.

Evening Standard

Trump picked Scott Bessent for Treasury despite ties to Democratic megadonor George Soros

Bessent worked for Soros and played a key role in the short bet that “broke the Bank of England.”

Fortune

Isaac Newton’s wealth ‘intimately connected’ with slavery, author says

Scientist and banker benefited from gold mined primarily by enslaved Africans in Brazil, book claims

The Guardian - UK

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Remember the global financial crisis? Well, high-risk securities are back

The shadow banking sector is trying its hand at trading in debt-based products such as collateralised loan obligations

The Guardian - UK

Never mind what Rachel Reeves did long ago at the Bank of England: what claims do you make on your CV?

The chancellor is said to have ‘rounded up’ her years of service. But if she did plump up her working achievements a bit, who hasn’t, asks Guardian columnist Emma Brockes

The Guardian - UK

Why has inflation increased and what does it mean for households?

Inflation lifted to its highest level since April last month, according to official data.

The Independent UK

What's true on Rachel Reeves' LinkedIn CV — and what's not?

The Chancellor of the Exchequer has been embroiled in a scandal over the editing of her LinkedIn

Evening Standard

UK Inflation Rises, Bank Of England Holds Rates

U.K. inflation rises to 2.3%, influencing interest rates, impacted by global factors like Trump's policies.

Top News

Inflation jumps to 2.3 per cent in sharpest increase for two years

UK inflation has risen to its highest level since April driven by an increase in household energy bills, according to official figures...

The National (Scotland)

UK’s jump in inflation lays bare the risks ahead for Labour

Rate cut unlikely until 2025 as energy prices blamed for stronger-than-expected inflation of 2.3%

The Guardian - UK

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The Independent UK

Inflation soars back above Bank of England target in sharpest spike for two years

Rising energy bills have been blamed for the unexpected spike

The Independent UK

Shop bosses ‘right’ to warn of job cuts, says Bank of England governor

His statement comes as retailers turn up the heat in their efforts to get Chancellor Rachel Reeves to water down her Budget measures

Evening Standard

Inflation set to rebound after jump in energy bills

Data is expected to show a significant rebound in inflation in October after it dropped to a three-year-low in the previous month.

The Independent UK

Bank of England boss warns over ‘fragmenting’ world economy amid Trump tariffs

Governor Andrew Bailey said he does not want to ‘jump to conclusions’ on the effect of proposed tariffs until they are confirmed.

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news in one place.

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The National (Scotland)

Rachel Reeves challenged to make work history clear after 'lying on her CV'

RACHEL Reeves has been challenged to make her employment history clear amid growing allegations that she lied on her CV ...

Evening Standard

Many will be vulnerable to ‘loan sharks’ without regulations, Labour MP says

Stella Creasy criticised the Government’s plan to implement the regulations in 2026, claiming they should be put in place sooner.

The Guardian - UK

Tax rises in budget sap UK consumer confidence and will hit pay growth, say reports

Survey shows households’ economic fears, while Goldman Sachs predicts impact of increase in employer NICs

Evening Standard

OPINION - Did Andrew Bailey's Brexit comments overstep the mark?

Andrew Bailey is a walking market mover. Every time the Governor of the Bank of England opens his mouth, he knows it could impact the cost of UK government borrowing, or the price of sterling, or any number of things. Consequently, his public statements are rarely made off the cuff.

The Independent UK

Step up Brexit reset or European allies will lose patience, Starmer warned

Call comes after Bank of England’s governor Andrew Bailey said the UK should rebuild relations with the European Union as he warned of the economic consequences of leaving the bloc

The National (Scotland)

Bank of England chief says UK must 'rebuild relations' with EU

THE governor of the Bank of England has said the UK must “rebuild relations” with the EU, adding that one of Brexit’s key consequences was…

The Guardian - UK

UK economic growth slows to 0.1% as budget jitters and high interest rates take toll

Blow to Rachel Reeves as first quarter under Labour shows services and manufacturing struggled in run-up to budget

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