The Latest Breaking News from The Bank of England

Today's inflation figure is higher than predicted as many believed the inflation rate would drop as low as 8.2% - while it may sound like good news, experts have issued a warning

The decline in inflation is said to have been driven by gas and electricity costs remaining stable

The Bank of England’s top economists faced questions on interest rates on Tuesday, 23 May.

It is, perhaps, the nearest we’ve got so far to an admission from the Bank of England that things haven’t gone entirely to plan. Andrew Bailey, the Bank’s Governor, acknowledged last week that “some of the strength in core inflation…reflects second-round effects... And as headline inflation falls, these second-round effects…

Energy bills and a tight labour market continue to cloud predictions of a steep decline by the end of the year

Britain’s most valuable fintech firm has criticised regulatory hurdles that it says could drive it abroad

‘We can afford to take more time to get inflation back down,’ says Andy Haldane

The former chancellor said he was ‘not in the business of forgiveness’

The Chancellor has warned permanent working from home could lead to a “lack of creativity” in industry.