The Latest Breaking News from The Bank of England

The sharp fall in the Consumer Prices Index was driven by the lower energy price cap an lower food bills

Getting inflation down to 2 per cent is a key target for the Bank of England

One in 10 officials to be based in city within three years and 70-strong team will increase to 500

Unite union study of 17,000 firms shows sectors from energy to banking, and vets to car dealerships, profited from inflation crisis

MP criticises policies on interest rates and bond-selling as Tory rightwingers call for review of Bank’s independence

While the government will seize on any crumbs of comfort it can find, the bigger picture on growth tells a different story

Gross domestic product expanded 0.6 percent in the first three months of this year, the Office for National Statistics (ONS) said, noting strong growth in service industries and car manufacturing.

British economy shows strong growth in Q1, ending a technical recession. Interest rates may decrease to boost growth.

British political junkies will effortlessly reel off the names of all nine US Supreme Court justices, but their minds go mysteriously blank if you ask them to identify a single member of the Bank of England's nine-strong Monetary Policy Committee (MPC). And frankly, this newsletter has had enough of the…