Interest rates rise to 1.75% – the biggest jump in 27 years – as BoE warns UK faces long recession as high gas prices hit ...

The Bank of England has warned the UK will fall into recession as it raised interest rates by the most in 27 years. The ...

Bank of England Governor Andrew Bailey discusses the central bank’s historic interest rate hike and the outlook for U.K.

Britain will fall into a recession this winter that will last for more than a year the Bank of England warned today in a ...

The Bank of England has warned that Britain is facing a recession as it hiked its benchmark interest rate by 0.5%.

Households face the longest and deepest fall in living standards on record as energy bills triple and the UK plunges into a deep and protracted recession, the Bank of England has warned, in one of its ...

Bank of England governor Andrew Bailey warned on Friday against workers trying to “beat inflation” by seeking hefty pay rises ...

What the Bank Faisal actually did today was announce the largest rate rise in a quarter of a century, in attempt to temper a ...

While the Bank of England can't do anything about global supply problems or energy prices, it can change the UK's single most important interest rate. The base rate determines the interest rate ...

An interest rate hike of 0.5% is confirmed as the Bank of England takes its biggest step yet in the fight against inflation. The City expected rates to reach 1.75% in what was the biggest single ...

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 on Thursday defended its decision to hike rates at the fastest clip in 27 years, saying the U.K. faces a "very big" inflation shock.