Central bank makes biggest interest rate rise in 27 years, but warns UK faces long recession as high gas prices hit ...

The Bank of England's mission hasn't changed in more than 300 years. Founded in 1694 to bankroll a war against France, its ...

Andrew Bailey has warned the Bank of England predicts the UK could fall into a recession from October after a hike in ...

Gross domestic product (GDP) fell by 0.6% in June, according to new figures published this morning by the Office for National ...

UK inflation has increased to 10.1 per cent in a 40-year high as the Bank of England warns the country could face a looming ...

The Bank of England pushes interest rates up by half a percentage point - the sixth rise since December and the biggest rise ...

The Bank of England warned on Thursday, 4 August, that the United Kingdom will fall into a long recession. The apex bank has ...

The Bank of England has raised interest rates to 1.75% from 1.25% – taking them to the highest level since January 2009 - and ...

However, the Bank cautioned on the future outlook, with inflation expected to hit 13% by the end of this year, and the UK set ...

Consumer Prices Index (CPI) inflation hit 10.1% in the 12 months to July - up from 9.4% in June - and is now at the highest level since the 1980s ...