The Latest Breaking News from Bank of England

Coins and banknotes featuring King Charles III will circulate

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

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.

Stock futures rebound as dollar retreats; Powell speech in focus as Fed maintains hawkish message; Pound bounces back as Bank of England hints at support; Starbucks set to begin labor talks with unionized cafes and Hurricane Ian picks up speed, could strike Tampa as Cat 4 storm.

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.