The Latest Breaking News from The Bank of England

The Bank of England has announced a redesign of its banknotes and invited the public to suggest new themes that might feature on them. Victoria Cleland, the Bank of England’s chief cashier, said this was as “a symbolic representation of our collective national identity and an opportunity to celebrate the…

The Bank also said it will push ahead with the majority of new capital rules at the start of 2027 but will delay part of the proposals.

The Government has promised not to raise the ‘headline rate’ of income tax but has left open the possibility of freezing the thresholds for paying the levy

AstraZeneca and Glencore shares today kept the FTSE 100 index in positive territory during a session of outperformance versus European peers.

Businesses are ‘adjusting employment’ as a result of Rachel Reeves’ decision to raise national insurance contributions for firms, governor says

Businesses are ‘adjusting employment’ as a result of Rachel Reeves’ decision to raise national insurance contributions for firms, the governor said.

Dame Meg Hillier, chairwoman of the Treasury Committee, described the development as a ‘positive first step’.

A modest 0.1% expansion was expected, although tariffs and tax increases continue to hamper growth.

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