The Latest Breaking News from The Bank of England

The Chancellor will meet with banks including HSBC and Santander.

Sir Stephen Timms said pension scheme investments must ‘never again threaten the stability of the UK economy’.

Consumer price inflation stuck at 8.7% in May, defying expectations of a slowdown and making a further rise in UK interest rates inevitable.

The Bank of England has increased its base interest rate from 4.5% to 5% in a bid to tame inflation. It is the 13th hike in row and the highest the rate has been for 15 years. 

My toxic character trait is that, whenever I find myself in a non-English speaking country (as I believe locals call their mother tongue) and I’m asked a question, I panic and reflexively default to French. This has gone on to cause a scene in Germany, Brazil and one time in…

Britain is facing a new economic era that will hurt those already struggling, and could radicalise even the previously comfortable, says Guardian columnist Gaby Hinsliff

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.16%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.16%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.65%. U.S. stocks have overcome early losses and are trading...

The Bank has pushed the base rate up to 5%, the highest it has been in nearly 15 years.

Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are down -0.22%, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are down -0.24%. U.S. stock index futures are trading lower after the Bank of England today surprised the markets with a +50 bp rate hike to 5.00% to...