The Latest Breaking News from Bank of England

The public are being encouraged to exchange any old notes that will expire this year

People are being encouraged to either spend or deposit their paper notes before the expiration date

Test required potential homebuyers to prove they could afford three-percentage-point rise in interest rates

Market wrap: The RBA is widely expected to lift the cash rate by 50 basis points to 1.85 per cent as part of its commitment to slow inflation.

The major shake-up sees affordability tests scrapped

Some people may find it easier to get a mortgage from Monday

Imagine, for just a moment, you’re an economic policymaker tasked with managing the path of an economy. Now envisage a set of economic conditions that makes your task near-enough impossible. That, unfortunately, is where many real-life policymakers find themselves today. There’s too little growth but there’s also too much inflation.…

The affordability "stress test" for mortgages - where you had to prove you could keep up your repayments if your rate was to rise - has been scrapped by the Bank of England from today

As many firms are now planning to cut investment as to increase it, latest polls find

This week’s decision on interest rates will be fraught, but many think Britain is heading the same way as the US

Venezuelan opposition leader Juan Guaidó has won a U.K. court ruling in a battle over $1 billion in gold bullion held in the Bank of England