The Latest Breaking News from The Bank of England

Jeremy Hunt should increase taxes on rich to help fund public services for all, says Patriotic Millionaires UK

Welfare reforms will include more support to help people find work and a tougher sanctions regime for the work-shy

Research shows: 10 country study has UK banks among the worst

Chancellor is upbeat but there is little chance of autumn statement changing voter perceptions of Tory plan

City Voices: Rishi Sunak may be gloating about hitting his inflation target, but most households don't share his glee

Chancellor could try to win votes with a tax giveaway, but seems unlikely to improve the polls or the economy

Building society benefits from high interest rates, with half-year profits increasing to £1.3bn

The UK chancellor Jeremy Hunt will have limited room for manoeuvre when he makes his autumn statement about the government’s financial plans on November 22. The government is committed to supporting the Bank of England’s current strategy for reducing inflation, which involves using rate hikes to slow down economic activity.

City Comment: There’s a lot to be said for stability and visibility of what the future might look like. Just ask the Prime Minister.

Bank of England will look beyond drop in headline figure, and it is too early to say cost of living crisis is over

Inflation in the U.K. dropped sharply in October to its lowest level in two years largely because last year's steep rise in domestic energy bills dropped out of the annual comparison