Bank of England

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Bank of England cuts interest rates to 4.5% - what that means for you

Heather Smallwood

Businesses’ profit growth to stall following rising employment costs announced i...

An artist's impression of the new Princess Alexandra Eye Pavilion

Pressure puts Labour spending plans in the spotlight - Sue Webber

Bank of England Governor Andrew Bailey (C) attends the central bank's Monetary Policy Report press conference at the Bank of England on 7 November 2024 (Photo: Henry Nicholls - WPA Pool/Getty Images)

Bank of England cuts interest rates again - what it means for you

UK Business insolvencies surge amid rising interest rates and energy price crisis

Ad Feature UK Business insolvencies surge amid rising interest rates

(Photos: Getty Images/Pexels)

Odds of a Premium Bonds win will worsen this year as NS&I cuts prizes

(Photos: Getty Images)

UK inflation drops below Bank of England target: what it means for you

City workers walk past the Bank of England in London (Photo: Leon Neal/Getty Images)

Inflation rises above 2% - what that means for consumers

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'Rare' banknotes featuring new King auctioned for nearly £1m

(Photo: Pexels)

NS&I launches new two- and five-year savings bonds

A new Bank of Scotland £20 note

Scottish £20 notes – you can’t give them away down south - Vladimir McTavish

This is when banknotes with the face of King Charles will come into circulation

This is when new King Charles banknotes will enter circulation

The UK has entered a recession

UK enters recession as economy shrinks

Here's what you need to know about a recession

The Bank of England has made a new announcement on the interest rate. (Credit: Aaron Chown/PA Wire)

Bank of England announces that interest rate will remain at 5.25%

The Bank of England has announced a new interest base rate after an unexpected drop in inflation. (Credit: Getty Images)

Bank of England announces interest rates will remain at 5.25%
Analysts had predicted that the interest rate could jump to the highest level since February 2008 but after an unexpected fall in inflation, this outcome became less likely
Heather Carrick

Liz Truss

Liz Truss defends her record as prime minister in think tank speech

ONS figures show the median wage including bonuses in Edinburgh saw just a 7.5 per cent increase in the three months to July – below Consumer Prices Index (CPI) inflation of 7.8 per cent over the same period. Photo: PA/ Joe Giddens

Wages fail to match inflation despite UK real-terms pay steadying

Top tips to make the most of rising interest rates

Surging house prices and pension values have largely benefited older generations with many young people locked out of home ownership altogether, according to the Resolution Foundation.

House prices could fall by 25% in ‘new normal’ for homeowners

Tory mortgage bombshell is taking a heavy toll - Ian Murray

RBS said that last month, permanent staff appointments fell solidly, while the downturn in temp billings eased but remained historically marked. Picture: Ian Georgeson.

Scottish hiring activity under cosh amid cloudy economic backdrop, RBS finds

A commuter walks through heavy rain near the Bank of England, London.

Bank of England increases interest rates for 13th time in a row

Interest rates are set to rise again

Millions of homeowners issued warning as mortgages set to rise again

A Martin Lewis fan revealed how they are to be £2,330 better off after acting on the consumer champion’s advice and making just one phone call.

Martin Lewis fan shares how one phone call made her £2,330 better off

Some bank notes are no longer legal tender, as well as old-style £1 coins - but don’t worry, as you can still exchange them at these banks and other places.

Banks that will still exchange old £1 coins as well as £10 & £20 notes

Bank of England impose another interest rate hike
Raising the Bank Rate, which is the bank of England’s base interest rate, is being used as a tool to ease demand in the economy
Daniel Mcneil

The cost of a two-year fixed-rate mortgage in the UK rose above 6 per cent on Monday.

Mortgage rate increase: The help available if you can’t pay

There are 10 major money changes coming up which could all affect your finances in May.

10 major money changes to be aware of in May

Marie Antoinette was not famed for her concern for the poor (Picture: Kevin Winter/Getty Images)

Let them eat food parcels? Banker becomes modern-day Marie Antoinette

King Charles III (Photo by Jonathan Brady - WPA Pool/Getty Images)

New banknotes with image of King Charles not ready for circulation

Interest rates will go up for the 11th consecutive time as the Bank of England is set to confirm an increase of 0.25% - Credit: Adobe

Bank of England to raise interest rates in bad news for mortgages

HSBC has bought the embattled UK arm of Silicon Valley Bank (SVB UK) for as little as £1, securing the deposits of more than 3,000 customers worth £6.7 billion.

HSBC buys Silicon Valley Bank UK

Jeavon Lolay: 'Hopes that inflation has peaked underpinned a broad-based recovery in business confidence in January.'

Business outlook strongest in six months amid hopes inflation has peaked

The UK economy has avoided a recession

UK economy avoids recession in second half of 2022

Should we turn off the lights illuminating the Forth bridges?

Readers' letters: Turn out the lights to enhance wellbeing

A digital pound could be introduced this decade

Digital pound could come this decade say Treasury and Bank of England

Interest rates have increased to 4%

Bank of England raises interest rates to 4% amid cost of living crisis

A member of the public looks at residential properties displayed for sale in the window of an estate agents' in London on September 30, 2022. (Photo by ISABEL INFANTES / AFP) (Photo by ISABEL INFANTES/AFP via Getty Images)

First time buyers: Expert tips for getting on the property ladder

Jeremy Hunt is risking the UK's economic stability by reducing regulation of the financial sector (Picture: Oli Scarff/AFP via Getty Images)

Indy support rising as Tories continue to mismanage economy – Angus Robertson

Readers' letters: Scotland needs a new direction of travel

Readers' letters: Bailey shoots down Tory economic claim

Autumn Statement 2022: What time is Jeremy Hunt’s budget and how to watch it live online and TV

How to watch Jeremy Hunt’s Autumn Statement

Liz McAreavey

November 17 – a huge day for our economy - Liz McAreavey

Kwasi Kwarteng refused to apologise for the impact of the mini-budget on the people.

Kwasi Kwarteng says he warned Liz Truss of her downfall

Rising energy bills are among Edinburgh residents' concerns. (Photo by Christopher Furlong/Getty Images).

Edinburgh people's top cost of living concerns

Bank of England warns UK will fall into longest recession in history unless it ‘acts forcefully now’

Bank of England warns UK could fall into longest recession in history

Rishi Sunak says the UK is facing tough economic decisions

Destruction of the public sector is almost done - Readers' letters

Chancellor Jeremy Hunt announces tax and spend measures alongside embattled Prime Minister Liz Truss

Readers' letters: Mordaunt’s eulogy to Truss is badly misplaced

Jeremy Hunt will make an emergency statement today (Photo: Getty Images)

More mini-budget U-turns expected in chancellor Jeremy Hunt statement

Readers' letters: Making life hard for the bank governor

Members of the public in front of the Bank of England on October 3, 2022 in London, England

Bank of England intervenes a second time to calm markets

Liz

Business needs ideas not ideology - Liz McAreavey

Lorna Slater is a Lothian Green MSP and Minister for Green Skills, Circular Economy and Biodiversity

Protecting poor from disastrous Tory policies - Lorna Slater

"We must stop people making profit at our expense - we need a windfall tax, a wealth tax, and to nationalise our essential services."

Old £20 and £50 paper banknotes will no longer be accepted in shops