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The Latest Breaking News from Bank of England

UK economy grows slightly in second quarter

It means the UK might not currently be in recession, as was predicted by the Bank of England earlier this month.

Evening Standard

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

UK inflation fell this week as fuel prices dropped

The Independent UK

How do interest rates affect inflation?

Borrowing costs at their highest level in 14 years

The Independent UK

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

Urgent bank notes warning issued with old £20 and £50 to expire today

The Bank of England is withdrawing the legal tender status of the old paper notes after September 30, which means people will not be able to use them in shops from tomorrow

Chronicle Live

How Kwasi Kwarteng’s budget damaged the economy and what will happen now

Policy Correspondent Jon Stone unpacks how unfunded tax cuts pulled the rug out from under the UK economy

The Independent UK

When does the Government summer recess end? MPs set to return to work

MPs’ parliamentary business will soon end until September, but this is often not a long holiday and involves other business

Evening Standard

The week that was for Prime Minister Liz Truss and the UK economy

The UK's economy is in dire straits just three weeks after Prime Minister Liz Truss took up the top job. But it was last Friday's so-called "mini-budget" which has led to a mega drama.

ABC News

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Truss faces general election debate as petition hits 145,000 signatures

Labour surges ahead with a 33-point lead over Tories. This means Labour would win by a landslide if a general election was called tomorrow.

Wales Online

UK economy grows slightly after predicted decline

It grew 0.2% in three months to June 2022

Wales Online

Pound falls after UK’s fiscal watchdog meets Liz Truss and Kwasi Kwarteng – as it happened

Pound trading 0.4% lower at $1.1066 following OBR meeting with UK PM and chancellor; economy grew in second quarter but ‘continues to slow’

The Guardian - UK

Last day to spend old £20 and £50 banknotes before they expire and go out of circulation

The Bank of England will be withdrawing legal tender status of the notes after September 30, 2022. Brits will not be able to use paper banknotes for payment from tomorrow

Daily Mirror

Can I still use my old bank notes as £20 and £50 paper bills no longer legal tender

Paper banknotes have been around for more than 300 years, but will cease to be legal tender after September 30

Daily Mirror

Consumers warned that September 30 is last day paper banknotes can be spent

The old £20 and £50 notes will not be legal tender come October

Wales Online

Final chance to spend or deposit paper £20 and £50 bank notes today

They will no longer be legal tender

Nottingham Post

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news in one place.

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ABC News

ASX 200 takes a battering in September with it losing 7.5pc in a month

It tracks a broad global sell-off, as recession fears mount in the US as its Federal Reserve fails to temper fears about more rate hikes.

Bangkok Post

Slight stock uptick after England rejig

The Stock Exchange of Thailand (SET) and other Asian bourses were broadly up yesterday in early trade on the expectation that several central banks will follow the Bank of England's move by injecting liquidity to shore up their currencies, according to analysts.

The Guardian - UK

Liz Truss to hold emergency talks with OBR after failing to calm markets

Exclusive: in unusual move, PM and Kwasi Kwarteng will meet fiscal watchdog after mini-budget sparked investor panic

The National (Scotland)

FM mocks idea of 'mirroring' Tory policies – as UK poll gives Labour 33-POINT lead

NICOLA Sturgeon has questioned “what planet” Liz Truss is living on after the Prime Minister suggested Scotland should copy her financial…

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news in one place.

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The Guardian - UK

‘I’d never seen anything like it’: how market turmoil sparked a pension fund selloff

Bank of England stepped in on Thursday to stabilise price of UK government bonds and avert a deeper crisis

Daily Mirror

Grinning Liz Truss says it's not her job to give mortgage advice as budget causes chaos

The shameless Prime Minister also appeared to deflect blame for rising interest rates onto the Bank of England and claimed a global global economic pressure is responsible for the UK's woes - despite no other currencies plummeting to the same extent

The Guardian - UK

What’s Next for Britain? Simon Wolfson’s prediction isn’t cheery

Share price fell 13% after CEO’s warning worst is to come, but scale of uncertainty makes precise projections impossible

The Guardian - UK

The Guardian view on the UK economy: sack Kwarteng, oust Truss

Editorial: The crisis was created by the new government. But the British people, not ministers, are paying the price

Benzinga

SPDR Gold Trust Consolidates As Bank Of England Seeks To Stabilize Markets

The SPDR Gold Trust (NYSE: GLD) experienced some volatility intraday trading up and down within Wednesday’s range.

The Independent UK

Bombshell polls throw massive question mark over Liz Truss’s future as PM

Tory meltdown after ‘unforced error’ Budget gifts Keir Starmer leads of up to 33 points

Manchester Evening News

We asked every Tory MP in Greater Manchester what they thought about the mini-budget - not one of them replied

There are eight Conservative MPs in the region

1 … 89 90 91 92

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