The Bank of England has warned that fears over Rachel Reeves’s looming tax raid will weigh on growth well into 2026.

The Bank of England kept borrowing costs on hold on Thursday, but a narrow vote and signs that Governor Andrew Bailey might soon join those seeking a rate cut boosted the prospect of a move in December once the government's budget has been unveiled.

This morning the research student presenting the morning meeting at the Bank of England will have arrived with a hop, skip and a jump. Not only will the Governor have been in good news after yesterday’s events there is this to tell him.

Bank of England Governor Andrew Bailey signaled to CNBC that rate cuts are coming and said he would be watching inflation and labor market data that'll be released before the last monetary policy meeting of the year,

Bank of England governor Andrew Bailey has sounded a pre-Budget warning over jobs as he revealed that 'a lot of companies talk to me about reducing their hiring'.

Bank of England Governor Andrew Bailey warns of a potential AI-induced bubble in markets despite the technology's productivity boost. Although AI could significantly enhance productivity, the uncertainty around future returns might cause market volatility,

Bank of England Governor Andrew Bailey said on Thursday there could be an artificial intelligence-induced bubble in markets, notwithstanding the large productivity boost the technology would likely deliver.