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The Latest Breaking News from Bank of England

Bank Of England's warning to anyone with £20 paper notes featuring the Queen

'There will be long queues and you may encounter waiting times in excess of an hour'

Manchester Evening News

Sterling languishing against dollar as interest rate hike speculation builds

STERLING is continuing to languish against the dollar ahead of the new Chancellor’s first fiscal statement expected later this week.

The National (Scotland)

Market Wrap: Gold loses its shine as world banks mull more rate changes

The minutes from the last RBA board meeting to be released today will reiterate that the RBA expects to raise interest rates further.

The New Daily

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Economy experts predict biggest hike in Bank of England interest rates for over three decades this week

An announcement on interest rates is due to be made on Thursday.

Daily Record

Fears Brits face biggest interest rate hike in 30 years making mortgages pricier

The Bank of England's Monetary Policy Committee is expected to increase interest rates from 0.75% to 2.5% in what would be the single biggest hike in more than 30 years

Daily Mirror

Biggest interest rate hike since 2008 crash expected in bid to control inflation

MARKETS believe the Bank of England will unveil the biggest hike in interest rates for over three decades when its decision makers gather for a…

The National (Scotland)

After the mourning, Truss and Kwarteng could find themselves on a sticky wicket

Britain’s problems are not high taxation or overregulation but poor growth caused by low investment

The Guardian - UK

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Money, stamps and post boxes: everything changing after Queen's death

The Queen's death has brought some sweeping and expensive changes to our lives

Liverpool Echo

Biggest interest rate rise for 25 years could spell showdown at the Bank

This week’s decision could pit governor Andrew Bailey against an expansionary PM and chancellor

The Guardian - UK

After an autumn flurry, is the UK housing market going to fall at last?

Estate agents are reporting a surge in activity – which may be explained by the interest rate rises looming this year

The Guardian - UK

The heat is on after Liz Truss’s extraordinary energy bill gamble

The PM will hope for some credit for taking out the big bazooka, but there are fears it’s missing the target and may backfire

The Guardian - UK

Money changes due to hit your pocket between now and Christmas

Every family will be affected by benefits changes, Government rebates and announcements when planning the rest of the year

Chronicle Live

Pound sinks to new 37-year low as inflation soars

Sterling dropped below $1.14 taking it to its worst point since 1985

The Independent UK

Why is the pound plunging on 30th anniversary of Black Wednesday?

Falls against the dollar are prompted partly by concern about Liz Truss’s economic and energy policies

The Guardian - UK

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Daily Mirror

Bank of England warns of massive queues as Brits rush to change old paper banknotes

Old paper £20 and £50 banknotes cannot be spent in shops from September 30 - and now the Bank of England reports long queues as people try to change up their old currency

The Independent UK

Bank of England warns of looming deadline to exchange old banknotes

People have until 30 September to change in paper £20 and £50 notes

The Guardian - UK

People race to exchange paper banknotes before deadline

Queues form at Bank of England to swap old £20s and £50s before they stop being legal tender

Bristol Post

Important money changes for September including £326 cost of living payment

A list of all the financial updates for September

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news in one place.

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The Conversation

Why Black Wednesday still matters – it was the start of markets telling politicians what to do

I spent Black Wednesday – the day the markets successfully bet against the power of the British government to prop up the pound sterling – on the 28th floor of Dresdner Bank’s headquarters in Frankfurt. I had just been hired as an exchange-student intern in the back office for currency…

Wales Online

Post Offices where Bank of England says old notes can be exchanged

Only some Post Office branches will accept the notes for exchange

The Independent UK

How do interest rates affect inflation?

Borrowing costs at their highest level in 14 years

The Independent UK

What is inflation and what is its current rate in the UK and Europe?

UK inflation fell this week as fuel prices dropped

Wales Online

Rare Queen Elizabeth II coins could become very valuable in a few years' time

Which pennies should you store away for a rainy day as their values increase?

Chronicle Live

When will King Charles III coins and banknotes start to appear after the death of The Queen?

Bank of England set to make announcement about recall and replacement of existing banknotes after period of mourning

Evening Standard

Bank tipped for half-point rates rise despite small fall in inflation

MPC rate decision delayed until next Thursday following death of Queen

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