Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

The Latest Breaking News from Bank of England

Kwarteng faces massive market turmoil after disastrous day for sterling

The Treasury moved to settle the markets with the promise of a Budget next spring as the pound tumbled against the dollar on Monday.

The Independent UK

Coins and banknotes featuring the King and Queen Elizabeth II will co-circulate

New banknotes featuring Charles are expected to enter circulation by mid-2024.

The Independent UK

New stamps and banknotes featuring Charles’ image to be introduced

King Charles III’s image will appear on stamps, coins and banknotes in the future.

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

ASX boosted by miners, Dow Jones index in bear market, Australian dollar comes off lows

The Australian share market regains some ground, as the Dow Jones index enters a bear market, while the Bank of England says it will not hesitate to raise interest rates. The Australian dollar falls to the lowest since May 2020.

ABC News

The Leader podcast: The pound drops, but will it sink or swim?

Early on Monday the pound dropped to its lowest level against the dollar since 1971.

Evening Standard

‘It’s a major concern’: how two UK firms are facing up to pound’s crash

A craft brewer in Peterborough and a Birmingham metal stamping firm face new challenges as sterling slides

The Guardian - UK

Sterling hits all-time low: two things can turn this around but neither is straightforward

While most people in the UK were still in bed in the early hours of Monday morning, the pound dived. It fell over 4% during Asia trading to reach its lowest ever level against the dollar of US$1.035, while also hitting €1.079 against the euro. This was an exceptional fall,…

The Conversation

Read news from The Economist, FT, and more,
with one subscription

What could the Bank of England do after pound plummets to record low?

Analysts want Bank of England to increase interest rates to ‘restore credibility’ to UK economy

The Independent UK

Kwasi Kwarteng declines to comment as pound hits all-time low against US dollar

The Bank of England is expected to give a statement on the sterling’s slump

The Independent UK

Bank of England will change interest rates ‘as much as needed’ to control inflation, says Andrew Bailey

The Bank of England is watching developments in financial markets ‘very closely’, says Governor Andrew Bailey

Evening Standard

Bank of England says it 'will not hesitate' to change interest rates in emergency statement

THE Bank of England is preparing to make an emergency statement this afternoon after the pound plummeted to its lowest ever level against the US…

The National (Scotland)

What to do with Scottish paper £20 and £50 notes as expiry date looms

Scottish paper banknotes from Bank of Scotland, Clydesdale Bank, and Royal Bank of Scotland are being taken out of circulation and the deadline is just in a matter of days.

Glasgow Live

Tumbling pound will intensify cost of living crisis, government warned

Fall in pound will ‘worsen inflation and lengthen the cost of living crisis’, says think tank

The Independent UK

Money expert shares how to manage your mortgage, credit cards and savings after interest rates rise

The new Bank of England base rate of 2.25% is the highest level since November 2008.

Daily Record

Get all your
news in one place.

100’s of premium titles.
One news app.

The Guardian - UK

Markets warn sterling slump could lead UK interest rates to triple by next year

Analysts expect Bank of England to convene meeting to raise rates with further increase in November

Evening Standard

Government to push on with tax cuts as pound hits all-time low against dollar

Neither Chancellor Kwasi Kwarteng nor Liz Truss are currently expected to publicly address the major market shift, following Friday’s mini-budget

Daily Mirror

Four-day warning over £20 and £50 notes - as Post Office braces for huge queues

Post Office staff are prepared for high numbers of customers with the Bank of England warning there is still £14bn worth of paper £20 and £50 notes still in circulation

The Independent UK

When is the next Bank of England interest rate announcement?

Pound plummets as currency markets react against new chancellor’s drastic ‘mini-Budget’, prompting fears emergency intervention could become necessary

Get all your
news in one place.

100’s of premium titles.
One news app.

Evening Standard

The pound: how low can it go?

City experts are watching for sterling hitting parity with the dollar amid talk of an emergency rate hike

Evening Standard

Go-fast Kwasi is taking a leap of faith even Indiana Jones would shrink from

Afficionados of Indiana Jones will know exactly which sequence provides the perfect accompaniment to Kwasi Kwarteng’s Growth Plan announced last Friday. Towards the end of Indiana Jones and the Last Crusade, when Jones has to cross an unbridgeable crevasse he does so by stepping out with a leap of faith…

Wales Online

Warning to everyone with a mortgage after Friday's announcement

A raft of tax cuts unveiled on Friday last week have prompted concerns

The Independent UK

Post Office braces for rush to change old banknotes before deadline this week

Friday is last day that paper £20 and £50 banknotes have legal tender

The Independent UK

Mortgage borrowers could see monthly bills climb higher

A tracker mortgage is already about £210 per month more expensive on average than it was before base rate increases started last December.

Nottingham Post

Bank of England warning as shoppers have just days left to use paper notes

The final countdown is on

The Independent UK

Liz Truss: Tory MPs sending no-confidence letters over fears she will ‘crash the economy’, says ex-minister

‘Liz is f*****’, says former minister in Boris Johnson government

1 … 97 98 99 100

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Royal Bank of Scotland

80 stories

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.