Bank of England

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

Ad Feature UK Business insolvencies surge amid rising interest rates

Asda have revealed details of their latest income tracker

Asda Income Tracker is showing sustained improvement

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

This is when new King Charles banknotes will enter circulation

DUBAI, UNITED ARAB EMIRATES - DECEMBER 02: President of the European Commission Ursula von der Leyen speaks at a renewable energies capacity and efficiency forum during day two of the high-level segment of the UNFCCC COP28 Climate Conference at Expo City Dubai on December 02, 2023 in Dubai, United Arab Emirates. The COP28, which is running from November 30 through December 12, brings together stakeholders, including international heads of state and other leaders, scientists, environmentalists, indigenous peoples representatives, activists and others to discuss and agree on the implementation of global measures towards mitigating the effects of climate change. (Photo by Sean Gallup/Getty Images)

Time of year for who should be on nice or naughty lists

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%

Top tips to make the most of rising interest rates

Growing strawberries in a polytunnel. Picture: Cliff Donaldson

UFU policy manager's blog: Attitudes need to change

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

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

Group of black and white cows in a pasture.

NI dairy farmgate prices – Are they keeping up with inflation?

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
Mortgage costs have been increasing sharply over the past week, with a further spike in interest rates expected to be announced on Thursday - here’s why they’re increasing and help available if you’re struggling.
Sophie Wills

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

The Bank of England was forced to again increase interest rates. This is the ninth consecutive rise and the aim is, ironically, to damp down consumer spending. Photo credit should read: Philip Toscano/PA Wire

Fertiliser costs remain an issue with no signs of easing

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
Bank of England has hiked interest rates to the highest level since Black Wednesday in September 1992
Will Millar

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

Andrew Bailey, Governor Bank of England, giving evidence to the Treasury Select Committee at the House of Commons, London, on the subject of Bank of England Monetary Policy Reports. Picture date: Monday May 16, 2022.

People are changing their buying habits

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

Milk – make sure it’s in the shopping trolley

Omagh based accountant Seamus McCaffrey

Ways of coping with an inflationary environment

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

This what the new £20 note will look like (Photo: Bank of England)

How to spot a fake £20 note and what you should do if you get one

Very few bank notes around the world feature women (photo: Unsplash)

It's International Women's Day but just 12 per cent of world's bank notes featur...

The National Minimum Wage will rise from April adding an extra 82p to hourly pay (Getty Images)

The National Minimum Wage is changing from April 1 - how it will impact you

A third of Brits fear they won’t be able to afford their current lifestyle if th...

Affected customers will see their phone and broadband bills go up by an extra £3.50 per month (Photo: Shutterstock)

BT customers face 9% price hike from March amid cost of living crisis

Angela Terry with EV charger to be a common sight outside all new build homes (photo: @JonCraig_Photos)

Saving the planet - how we can all do our bit

Some mortgages could go up in price if the base rate of interest goes up on 4 November (image: Shutterstock)

Martin Lewis urges homeowners to do these 3 things before mortgages soar

Figures show that 36,090 people were on furlough in Northern Ireland in July.

Furlough 2021: When will the furlough scheme end and what will this mean for emp...

August rise in inflation rate is the highest since records began.

UK Inflation Rates: What are inflation rates and why are they rising?

Alan Turing features on the new £50 note

Alan Turing is the new face of the £50 note - here's why

The new £50 note featuring scientist Alan Turing which will be issued for the first time on 23 June

The Bank of England has revealed the new Alan Turing £50 note

The contactless payment limit will increase from £45 to £100 (Photo: Shutterstock)

The contactless payment limit will increase to £100 this year - what you need to...

18 branches will be closed by 1 December 2020 (Photo: Shutterstock)

The Co-Operative Bank is closing 18 branches and cutting 350 jobs - here’s the f...

Landlords and letting agents were able to charge unlimited amounts for fees before the law change (Photo: Shuttertock)

Landlords are now banned from charging all renters for viewings, credit checks a...

Here are five ways that locked-down Brits can save money

Cutting rates below 0.1 could help to boost spending and lending (Photo: Shutterstock)

This is how negative interest rates work - and how they could help the economy r...

The economy's base rate is historically low - but what does that mean for your m...