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Bank of England

News about Bank of England: events, facts and developments on tafs uz.

3 stories

UK government debt exceeds $4 trillion for the first time amid accelerating inflation

According to the Office for National Statistics, by the end of September 2026 UK government debt reached three trillion pounds (about $4.01 trillion) — a historic maximum in absolute terms. Borrowing for April–September amounted to £97.8 billion, £6 billion above the Office for Budget Responsibility forecast. Inflation accelerated to 3.5% in September, and debt interest costs rose by 16.6%. The data was published a week before the budget on 28 October.

Sevara Azamova

23 Oct 2026 · 16:323 min read

World

Venezuela's Government and Opposition Agree on Political Bans and Frozen Assets in Third Round of Talks

Delegations of the Venezuelan government and the opposition (the 2015 National Assembly) concluded the third round of transition talks, agreeing to review the law on political bans and to create a commission for the return of gold from the Bank of England.

Sevara Azamova

22 Oct 2026 · 16:562 min read

Economy

UK Inflation and Government Borrowing Hit Yearly Highs a Week Before the Budget

UK inflation accelerated to 3.5% in September 2026 — the highest since October 2025 — while government borrowing reached £24.5bn, exceeding forecasts. Rising prices were largely driven by more expensive fuel amid conflicts in the Middle East and Europe. The data increase pressure on Chancellor John Healey ahead of the October 28 budget and raise expectations of a Bank of England rate hike on November 5.

Javlon Tursunov

21 Oct 2026 · 14:364 min read