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The Latest Breaking News from Bank of England

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

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

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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

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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

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

Daily Mirror

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 Independent 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

The Guardian - UK

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

A list of all the financial updates for September

Bristol Post

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…

The Conversation

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

Only some Post Office branches will accept the notes for exchange

Wales Online

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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

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news in one place.

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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

The Independent UK

UK inflation dips slightly in August to 9.9%

Inflation in the United Kingdom slowed slightly in August as a drop in gasoline and diesel fuel prices gave consumers the first glimmer of hope that Britain’s cost-of-living crisis may be beginning to ease

Daily Mirror

10 things actually falling in price despite cost of living crisis - from books to PCs

Households are grappling with the rising cost of living, with food, petrol and energy prices all causing pain for Brits up and down the country. But it isn't all bad news, as some goods cost less now than they did 12 months ago

The Guardian - UK

Bank of England will not take foot off throttle despite drop in inflation

MPC members will look at other developments in UK and abroad in mission to increase interest rates

Liverpool Echo

Rare Queen Elizabeth II coins and what their value will be in 10 years

Some coins could be worth as much as £10,000 in years to come

Benzinga

The GBP In The Rein Of King Charles

The death of Queen Elizabeth II on Sept. 8 beaconed a new era for the UK, coming on the heels of Elizabeth Truss taking office as prime minister and heralding the proclamation of King Charles as the new monarch.

Birmingham Post

Unemployment in Wales lowest since 1974 but economic inactivity on the rise

The unemployment rate in Wales is lower than the UK as a whole but the reverse for economic inactivity

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