The Latest Breaking News from Bank of England

Coins and bank notes featuring the late Queen Elizabeth will co-circulate with new coins and notes featuring the King

The Bank of England is expected to hike its base rate by another two percentage points by the end of the year

Investors are demanding the kind of returns for lending to the UK usually associated with less stable nations

Several banks and building societies are withdrawing or tweaking their mortgage deals for new customers due to concerns over rising base rate, which will push up homeloan costs

UK inflation fell this week as fuel prices dropped

The Tory policy of cutting taxes for the rich has caused a sharp drop in the value of the pound - and interest rates could rise as a result.

Building society chief responds after stock market fell and pound plunged in wake of Kwarteng’s mini-budget

Current turmoil ‘hallmark of situations where credibility lost’, says Larry Summers

After statements from the Bank of England and the UK Finance Minister Kwasi Kwarteng on Monday, the British pound recovered slightly on Tuesday morning but remained at its lowest level in decades against the dollar. All eyes will now be on the UK central bank's November meeting and a potential…

Those on Universal Credit, Personal Independence Payment and Attendance Allowance will be impacted

The U.S. dollar is the strongest it has been in 20 years. As it strengthens, other currencies — like the pound — weaken. That's good news for U.S. consumers and importers but bad news for others.