Bank Of England

The Bank of England has unveiled its first banknotes featuring King Charles. The notes will gradually replace those featuring his mother, Queen Elizabeth II, and enter circulation from the middle of 2024. The new £5, £10, £20 and…

The UK is set to enter an economic recession this winter, the Bank of England has said, as it announced its decision to raise interest rates to their highest level since 2009. It predicted that inflation - a measure of changes to…