Bank of England

Joel Hills Business and Economics Editor

The UK sits on the cusp of a recession, with economic growth here and abroad slowing, and uncertainty surrounding Brexit.

The Monetary Policy Committee voted unanimously to hold interest rates at 0.75%.

Joel Hills Business and Economics Editor

In the face of intensifying uncertainty surrounding Brexit, the Bank of England has decided to sit on its hands.

Alan Turing will be printed on the £50 note from 2021, the Bank of England has said.

Joel Hills Business and Economics Editor

The Bank concludes that the “perceived likelihood of a no-deal Brexit has increased since the start of the year”.

Governor Mark Carney said there had been a ‘notable’ rise in no-deal fears in financial markets.

Boris Johnson has claimed the UK can move to a standstill trading arrangement without a Brexit deal under Gatt 24 of the WTO treaty.

Joel Hills Business and Economics Editor

The Bank of England predicts Brexit uncertainties will 'subside gradually'.

The Bank’s nine-strong Monetary Policy Committee voted unanimously to keep rates on hold.

A look at the runners and riders.