The Latest Breaking News from Bank of England

Last week, UK chancellor Kwasi Kwarteng launched a bid to boost economic growth with the largest tax cutting exercise for half a century. What this so-called mini-budget has since overshadowed, however, was an admission by the Bank of England the previous day that the UK may already be in a…

Five-year British government bonds fall dramatically as traders price in higher risk of default on debt

At the same time as King Charles III’s new cypher was announced, plans were revealed for new banknotes and stamps

Bills are going up, mortgages may go up, new inflation rates will be announced and Government payments are being made

Britain’s borrowing costs have soared as investors turn sour on prospects for economy

Here is a round-up of the changes you can expect to see including the Administration Earnings Threshold and cost of living payments

We round up ten financial changes you need to be aware of in October, as the cost of living crisis continues to squeeze household budgets and pile pressure on Brits

"Speaking truth unto power" has long been the motto of Britain's civil service, but now some government workers charged with offering ministers impartial advice whatever their party are fearful of their political bosses and are keeping quiet.

Santander, HSBC, Bank of Ireland, Clydesdale and building societies among those to withdraw products

Although the pound rallied on Tuesday morning some senior Conservatives want the Chancellor to go further to calm financial markets

Coins and banknotes featuring King Charles III will circulate