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The Latest Breaking News from Bank of England

Jacob Rees-Mogg accuses BBC of breaching impartiality over mini-budget claim

The Business Secretary has clashed with BBC journalist Mishal Husain

Wales Online

Bank of England confirms emergency bond-buying scheme will end on Friday

Other measures will continue past 14 October, the Bank said

The Independent UK

How the pound is performing against other currencies

The pound fell against the Albanian Lek, the Lebanese pound, and the Malaysian Ringgit, among many others

The Independent UK

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Jacob Rees-Mogg accuses BBC of bias over 'speculative' reporting on mini-Budget

JACOB Rees-Mogg has criticised the BBC ’s reporting of the economic turmoil witnessed in the wake of the government’s mini-budget, claiming…

The National (Scotland)

Tetchy Jacob Rees-Mogg suggests mini-Budget had nothing to do with economic chaos

In a tetchy interview, the Business Secretary accused the BBC of breaching its impartiality guidelines by questioning him on the fallout after Chancellor Kwasi Kwarteng's tax-cutting blitz spooked markets

Daily Mirror

What time will Liz Truss face Commons in PMQs today and how to watch?

Tory leader to square off against Sir Keir Starmer after market mayhem

The Independent UK

What Bank of England emergency action means for your pension, mortgage and the pound

The Bank of England has been forced to intervene to help pension funds after the Mini-Budget spooked financial markets - but its emergency bond-buying programme is set to end on Friday

Daily Mirror

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Liz Truss - live: No 10 warns of ‘difficult decisions’ despite PM ruling out spending cuts

The PM claimed in the Commons that she had ‘protected’ the UK economy

The Independent UK

How do interest rates affect inflation?

Borrowing costs at their highest level in 14 years

The Independent UK

Pound falls further as Bank of England warns market support will end soon

THE pound fell again overnight after the Bank of England governor warned its emergency support package for the markets would end on Friday.

The National (Scotland)

No 10 warns of ‘difficult decisions’ on public spending despite Truss’s vow to avoid cuts – as it happened

Statement from No 10 comes straight after PM told MPs she was ‘absolutely’ committed to avoiding public spending cuts

The Guardian - UK

Kwasi Kwarteng’s ‘original sin’ caused UK turmoil, says ex-Bank of England deputy

Sir Charlie Bean says Bank could extend emergency action to ease ‘pressure’ on government

The Independent UK

Risk of recession rises as UK economy shrinks in August

THE risk of a recession has risen after the UK’s economy shrank in August as factories and consumer services firms struggled, according to…

The National (Scotland)

Pound falls after UK bank chief rules out extending help

The pound sank against the dollar after the governor of the Bank of England confirmed the bank will not extend an emergency debt-buying plan introduced last month to stabilize financial markets

The Independent UK

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The Independent UK

Jacob Rees-Mogg claims parts of economy in ‘good state’ and insists pensions safe

Cabinet minister clashes with BBC host – and reveals his own mortgage payments have gone up

The Guardian - UK

‘Significant’ rate rise needed in November, warns Bank of England chief economist – as it happened

UK government bond selloff continues, pushing 20-year gilt yield to 20-year high, as BOE reiterates bond-buying programme will end on Friday; UK economy on brink of recession

Wales Online

Pound falls after Bank of England warns market support will end in days

There is continuing market turmoil in the wake of Chancellor Kwasi Kwarteng’s mini-budget

Evening Standard

FTSE 100 Live: Bank of England warns over bond support, GDP contracts

The UK’s recession fears were fuelled today after figures showed a bigger-than-expected contraction in GDP in August.

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The Guardian - UK

Wednesday briefing: How much time will Conservative MPs give Liz Truss?

In today’s newsletter: Liz Truss gives her first PMQs since the fiscal statement that blew up her premiership and may hope to calm colleagues. But from benefits cuts to despairing backbenchers, she has a lot to deal with

Evening Standard

Pound wobbles as Bank of England warns market support will end on Friday

Governor Andrew Bailey warned there could be no further extension beyond the end of the week

The Independent UK

Pound - live: Ex-Bank of England deputy says Truss tax cuts behind market turmoil

Bank of England’s announcement triggers further uproar in financial markets as pound slips again

Manchester Evening News

Move May bank holiday for King Charles III’s coronation, say MPs

A number of MPs have called for the May 1 bank holiday to be pushed back until Monday May 8

Wales Online

New pension fund warning sparks fresh slump in the pound

Bank of England governor says UK government bond market now poses a 'material risk to UK financial stability'

The Independent UK

Pound plunges as Bank of England warns market emergency support will end on Friday

Sterling fell more than a cent against the dollar to its lowest rate since 29 September

The Independent UK

Liz Truss to face MPs after mini-budget wreaks financial chaos

Governor Andrew Bailey sparked more market turmoil after he said Bank of England support will end on Friday.

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