The Latest Breaking News from The Bank of England

At roughly $3 trillion, the UK economy is large and contains multitudes. Not as massive as it might have been as a result of Brexit, Covid-19 and Russia’s invasion of Ukraine, but enough to rank sixth in the world.

Rishi Sunak is scrambling to turn around the Tories' fortunes but time is running out for him to deliver on his 'five priorities' for Government ahead of the next general election - see how he's fared

As the cost of living crisis bites, consumers are asking how so many businesses have maintained or raised their profits

“It does feel like there’s greed-flation and it’s the customers who are suffering for it. Wages and pensions haven’t increased either so it’s not weighing out the increase, it’ll push people further into a money crisis and debt"

With inflation and mortgage rates painfully high, the government can no longer rely on votes from its blue wall, says Guardian columnist Jonathan Freedland

City Voices: Bank ought to be on top of everything. It isn’t.

Bear Grylls, Ian Wright, and Gino D’Acampo have become the latest celebrities to be targeted by AI-generated cryptocurrency scam adverts on social media, The Standard has found

Borrowers hit by soaring mortgages, but savers have yet to benefit from higher rates

Over the past year, interest rates have been rising rapidly around the world. The post-COVID economic recovery and Russia’s invasion of Ukraine caused inflation to reach 10% or more in many countries. Central banks in the US, UK and Europe have fought back by raising interest rates in an attempt…