Bank of England

An eight meter long giant has appeared in Canary Wharf

A ‘giant’ made up of fake bank notes has appeared in Canary Wharf

(Photo: Christopher Furlong/Getty Images)

Inflation hits 10-month high driven by travel and food cost increases

(Photo: Dan Kitwood/Getty Images)

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

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

Newcastle United chairman and PIF governor Yasir Al-Rumayyan

NUFC points deduction threat slammed after £135m rule change blocked

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

(Photo: DANIEL LEAL/AFP via Getty Images)

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

(Photo: Pexels)

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

(Photo: ISABEL INFANTES/AFP via Getty Images)

Major lender cuts mortgage rates for first-time buyers

(Photo: Joe Giddens/PA Wire)

UK households face major mortgage payment increases in next 2 years

(Photo: DANIEL LEAL/AFP via Getty Images)

UK inflation hits 2% for first time in 3 years - what it means for you

London tourist Paula Cavelius with the new-look banknotes bearing a portrait of King Charles III (Photo: Jas Lehal/PA Media Assignments)

How to exchange current banknotes for King Charles editions

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 Bank of England now confirming the exact date they are set to enter circulation.

Jessica Martin

The UK has entered a recession

UK enters recession as economy shrinks

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%

Liz Truss

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

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

Bank of England staff visit Laygate Primary School in South Shields.

Bank of England visit Laygate Primary as part of educational lesson

South Tyneside property: The cheapest areas to buy a house including South Shields, Jarrow and more. Photo by Matt Cardy/Getty Images

South Tyneside property: The cheapest areas to buy a house

House prices in South Tyneside: The most expensive areas to buy property in South Shields and more (Photo by GLYN KIRK/AFP via Getty Images)

House prices in South Tyneside: The most expensive areas to buy property

The Resolution Foundation has estimated that around 6.5 million households in the UK will be affected by the post-mini budget rise in mortgage rates by 2026. Photo by Yui Mok/PA Wire

EMMA LEWELL-BUCK MP: In my constituency, 7,100 mortgage holders will be forced t...

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

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

The Bank of England has increased interest rates for the 13th time in a row to 5 per cent - the highest since 2008.

Sophie Wills

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

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

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

The UK economy has avoided a recession

UK economy avoids recession in second half of 2022

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

he new bank notes bearing the image of King Charles III are set to go into circulation in mid-2024. Pic: Bank of England.

King Charles III bank notes unveiled by Bank of England

Governor of the Bank of England Andrew Bailey is presented with a gift from Shreya Bhardwaj.

Bank of England Governor gets quizzed by South Shields pupils

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

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

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

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

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

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

"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

In his first test as Chancellor, Kwasi Kwarteng is set to announce a mini budget this morning (September 23)

What could be announced in today’s mini-budget?

The Bank of England plays a major role in influencing the value of the pound and how much it costs to borrow (image: Adobe)

UK interest rate hike: Bank of England reveals biggest rise since 2008

South Tyneside Green Party Green Group Councillors

Call for 'warm and welcome' spaces to help people through cost of living crisis

Money

This is when you must spend your old £20 and £50 notes as last day approaches

BT Harton Quay staff on the picket line fighting for fair pay.

BT and Openreach employees brand pay rise as a 'slap in the face'

Brits have until 30 September to spend or deposit their £20 and £50 paper banknotes, the Bank of England has warned. (Credit: Adobe)

People only have 100 days left to use £20 and £50 paper banknotes

Borrowers will not be as heavily scrutinised by mortgage lenders under new Bank of England rules (image: Getty Images)

What new UK mortgage affordability test rules could mean for you

6 money changes to be aware of in May - and how they will affect you

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