All news on the topic: Bank of England

Britain’s economy could be sent into a recession next year if the crucial Strait of Hormuz remains closed into 2027 amid a prolonged Iran war, according to a report.

The Bank of England is expected to keep interest rates unchanged again next week, despite fresh uncertainty in the Middle East.

UK borrowing costs soared yesterday amid a global bond market rout sparked by a surge in the oil price back above $100.

Nigel Farage’s finances and the associations surrounding his political projects have been under scrutiny for the best part of a decade.

Given pressures on the public purse, the Makerfield MP may have to look at autumn tax rises to fund his ‘new direction’.

Coinbase has been cosying up to the ministers and mandarins behind the UK’s upcoming crypto policy – and is already reaping the rewards

The Bank of England has come out fighting after AI-generated videos of Andrew Bailey in conflict with Nigel Farage emerged as paid adverts on the social media platform X.

Today, we learned that Britain’s national debt is growing at a faster pace than any country in the world, except Botswana. Yet instead of taking control, Reeves wants to borrow and spend even more.

The Bank of England has defended its decision to replace historical figures with wildlife on the next series of banknotes.

The Bank of England has been advised that its staff should be "working from desks, not sun loungers" after it was revealed that employees can work from abroad for up to 40 days per year.

The levels of UK unemployment rose to 5% in three months to February, the latest figures from the Office for National Statistics (ONS) reveal.

Catherine Mann said overseas investors are playing a ‘particularly large role’ in buying gilts.

Frantic Labour MPs are attempting to save Rachel Reeves from being dismissed because they fear her departure from Number 11 could trigger bond market turmoil.

The Chancellor has left the nation completely unprepared for the unfolding disaster.

The economic fallout from the Iran war will hit the UK the hardest out of all the world’s advanced economies, the International Monetary Fund (IMF) has warned.

Fintech, where Peter Mandelson and Harvey Schwartz were board members, is given £2mn penalty by Bank of England.

British households saved less during the July-to-September period of this year as they felt the impact of higher taxes but continued to increase their spending, according to official data that confirmed a slowdown in the broader economy.

The base interest rate was cut from 4% to 3.75% on Thursday, as Economics Editor Joel Hills reports.

Chancellor Rachel Reeves has insisted there is "no recession" on the horizon, despite dire economic warnings from the Bank of England and the IMF.

The UK’s housing market is showing signs of slowing down amid speculation that Rachel Reeves could announce tax increases on property in next month’s budget.

Rachel Reeves has faced another significant setback ahead of next month’s crucial Budget as the International Monetary Fund (IMF) warned that inflation will rise to the highest level in the G7 in 2025 and 2026.

Liz Truss has asserted that the Bank of England was in control during her tenure as prime minister.

The Bank of England has cut the interest rate to its lowest level in over two years.