NewsYahoo News UKInflation: Why the Bank of England doesn't want shops raising prices even higher
Yahoo News UK explains why shops rising prices spells long-term trouble, and what the recent rate hikes mean for you
BusinessYahoo News UKBank of England chief reveals when inflation is likely to go back to normal
Inflation is expected to fall to around 4% this year.
NewsYahoo News UKJacob Rees-Mogg launches attack on Bank of England - 'let the country down'
Jacob Rees-Mogg broke with tradition when he criticised the Bank of England while serving as a minister during Liz Truss's government.
NewsYahoo News UKWhen inflation and prices will start coming down, according to the Bank of England
Amid the political turmoil in Westminster, one issue has remained a constant for households in the rest of the country: the cost of living crisis.
NewsYahoo News UKUK economy now comparable to Greece and Italy thanks to Liz Truss, ex-Bank leader says
Sir Charles Bean said Truss has been 'disingenuous' in blaming the UK's economic turmoil on global factors.
BusinessYahoo News UKBank of England gives one-month warning to use old £20 and £50 notes
Britons have until 30 September to spend paper notes before they are no longer accepted as legal tender.
BusinessYahoo News UKInterest rate rise sparks 'cliff-edge' debt warning for homeowners
The Bank of England increased the basic rate of interest to 1.25% on Thursday.
BusinessYahoo News UKCost-of-living crisis 'will get worse before it gets better' after interest rate hike
The Bank of England increased interest rates to 1.25% on Thursday in an attempt to quell soaring inflation.
BusinessYahoo News UKMartin Lewis warning over 'crap savings' after interest rate rise
The money saving expert said most savings accounts would remain on lower interest rates in order for the bank to "profit from inertia."
NewsYahoo News UK‘Apocalyptic’: Why experts fear a steep surge in food prices
Bank of England boss Andrew Bailey has warned food inflation driven by the war in Ukraine is a 'major worry'.
BusinessYahoo News UK'Really bad trouble’: Economists’ warning over mortgage repayments amid cost-of-living crisis
A senior academic and economist told MPs tighter rules are needed for new borrowers.
PoliticsYahoo News UKLeave voters think falling house prices and higher interest rates are a price worth paying for Brexit
A YouGov poll reported by The Times found that Leave voters are more likely to think that falling house prices and rising interest rates are a price worth paying for Brexit.
NewsYahoo Finance UKThank goodness the Bank of England knows nothing! Meanwhile…let’s eat dividends
The governor of the Bank of England Mark Carney gives a press conference, his first since the leave result of the European Union referendum, at the Bank of England in the City of London, June 30, 2016. By my reckoning there were utterances or actions from three central banks around the world over the last week which are worth spending two minutes of your time thinking about – if you worry whether your pension fund is going to go up or down in value this year. Let’s start with our own Bank of England who stood up yesterday and raised their inflation and economic growth forecasts…not even six months after predicting that the aftermath of the Brexit referendum vote would be dire news for UK Economy Inc. unless they cut interest rates and restarted stimulus efforts (which they duly did).
NewsAndy WellsIs It Really Treason To Rip Up British Money?
A popular pub trivia ‘fact’ says you can be arrested for destroying money in Britain as it’s completely illegal - and even an act of treason. In fact, it is not illegal to destroy money, according to the Currency and Bank Notes Act 1928 - however, it IS illegal to deface a banknote by printing, stamping or writing on it. This may sound bizarre but there is a valid reason behind this thinking - once money is destroyed by tearing it up or setting it on fire, it is gone for good.
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