Bank of England

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

Humza Yousaf and Finance Secretary Shona Robison need to find ways to improve productivity (Picture: Jane Barlow/PA)

Struggling economy means we could face spending cuts and even higher taxes

SNP MP Joanna Cherry's position on the Gender Recognition Reform (Scotland) Bill is transphobic, reckons reader (Picture: Russell Cheyne/WPA Pool/Getty Images)

Readers' Letters: Don't use 'feminist' label to legitimise transphobia

Chancellor Jeremy Hunt. Picture: Getty Images

Why the UK Government has us trapped in economic doom loop - Brian Monteith

The latest data showed food CPI inflation standing at 19.3 per cent, down only slightly on March's eye-watering 19.6 per cent.

Series of interest rate hikes to start within weeks despite fall in inflation

The UK's growth prospects have been aided by surprisingly resilient consumer spending.

IMF 'eats humble pie' with dramatic UK upgrade as inflation set to cool sharply

Michelle Ovens CBE, founder of Small Business Britain

Cost-of-living crisis calls for togetherness - Michelle Ovens

Food bank use is on the increase as low-income famiies struggle to cope with the cost of living crisis

Inflation is more than just a monetary phenomenon

Despite the launch of new number plates, cars sales in March were low by historical standards - continuing the trend seen since the start of the pandemic, the ONS noted. Picture: Lisa Ferguson

Positive GDP data eases recessionary worries but outlook remains murky

The Bank of England, above, has a target to peg inflation at about 2 per cent.

Interest rates: Bank of England getting it right and wrong with latest move

Bank of England impose another interest rate hike

Members of the public walk past the Bank of England in a window as a 0.25 per cent hike in interest rates was announced. Picture: Dan Kitwood/Getty Images

Bank of England hikes interest rates by 0.25% to 4.5%

'The Bank of England’s stewardship of monetary policy over the last 12 months has been about as useful as a chocolate teapot,' says one economic expert. Picture: Cate Gillon/Getty Images.

Forecast: will the Bank of England stick or twist over interest rates?

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

Households are being hammered, with food inflation at 19.1 per cent - the highest it has been for 45 years (Photo by DENIS CHARLET / AFP) (Photo by DENIS CHARLET/AFP via Getty Images)

Leader: Lowering energy costs key to driving down inflation

A Chinese ship takes part in military exercises northeast of Pingtan island, the closest point in China to Taiwan. Rising tensions could affect the global economy (Picture: Greg Baker/AFP via Getty Images)

Economic forecasts suggest there's more trouble to come – John McLaren

Inflation remains in double digits as food and drink costs soar. Picture: Andrew Matthews/PA Wire

Sunak accused of 'utterly failing' as inflation remains at 10.1%

The UK’s economy showed no growth in February as the nation continued to narrowly avoid dipping into a recession despite decades-high inflation.

UK economy flatlines in February as nation narrowly avoids recession

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

New banknotes with image of King Charles not ready for circulation

'As the crisis continues, the situation is becoming increasingly perilous,' says Nucleus Commercial Finance boss Chirag Shah. Picture: contributed.

Cost-of-living crisis 'proving more of burden than lockdowns for SMEs'

The Bank of England faces a tricky balancing act, weighing up inflationary pressures, market volatility and recessionary concerns.

Interest rates: Why the latest hike may not be an end to the pain

The Bank of England has pushed interest rates higher as it tries to put a lid on soaring prices after UK inflation unexpectedly jumped higher last month.

Bank lifts UK interest rates again but upgrades economic growth forecast

The Bank of England is expected to increase interest rates for the 11th time in a row on Thursday after an unexpected resurgence in UK inflation.

Interest rates expected to rise after shock increase in inflation

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

Food inflation has hit its highest level in 45 years.

Inflation creep: The price shock facing consumers, businesses and BoE

UK inflation shot up unexpectedly last month as vegetable shortages pushed food prices to their highest rate in more than 45 years, according to official figures. (Photo by JUSTIN TALLIS/AFP via Getty Images)

What does high inflation mean? This is what happens when inflation rises

Credit Suisse has had problems for some time and was pushed over the edge because of market jitters sparked by the failure of Silicon Valley Bank in the US.

Banking crisis: Will the current turmoil lead to a repeat of 2008 crash?

Credit Suisse was snapped up by its Swiss rival UBS at the weekend.

Banking crisis fears as Credit Suisse bailout fails to stem market rot

Fears over a banking crisis remained at the fore on Thursday after Credit Suisse said it would borrow up to 50 billion Swiss francs (£45 billion) from Switzerland’s central bank to bolster its finances, sparking hefty falls in Asian trading.(Photo by FABRICE COFFRINI/AFP via Getty Images)

Banking crisis fears ramp up after Credit Suisse £45 billion emergency loan

Chancellor Jeremy Hunt leaves Downing Street with the despatch box after presenting his spring budget to parliament

John McLaren: Why the scene-setter Budget neither excites nor satisfies

There had been mounting worries that the collapse could have sent shockwaves through the technology and life sciences sector in the UK.

Analysis: Silicon Valley Bank's collapse likely to cause ripples for some time

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 arm of collapsed US lender Silicon Valley Bank has been bought by HSBC after the Government and Bank of England stepped in to “facilitate” a private sale.

Silicon Valley Bank UK sold to HSBC

Chancellor Jeremy Hunt and Prime Minister Rishi Sunak are under renewed pressure to spend ahead of the Budget. Picture: PA

Why Brexit pessimism and rash recession forecasts have been wrong

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

Shoppers have been juggling with steep price hikes on many food and household items for months now.

Analysis: Government faces momentous challenge halving inflation by end of year

Supermarket shoppers will have noticed many everyday items increasing in price several times over the past year.

Inflation: 'Fight far from over' as inflation falls but remains in double digits

The UK economy has avoided a recession

UK economy avoids recession in second half of 2022

The Bank of England reports that an "economy is in recession when it has two consecutive quarters (i.e. six months) of negative growth."

What is a recession? Are we in a recession now? Should we be worried?

Andrew Bailey, Governor of the Bank of England, during the Bank of England Monetary Policy Report Press Conference in London. Picture: Yui Mok/PA Wire

Inflation ‘guaranteed’ to fall in 2023 unless new global shock hits, says Bank

Pragmatism will be key for property buyers and sellers - Wilson Browne

Middle-income households will face a hit to their personal disposable income ranging from 7 per cent to 13 per cent, according to the report. Picture: Getty Images/iStockphoto.

Cost-of-living crisis: quarter of UK homes will struggle to pay bills in 2023/24

A digital pound could be introduced this decade

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

Former prime minister Liz Truss. Picture: Finnbarr Webster/Getty Images

Liz Truss claims she was never given 'realistic chance' on tax-cutting agenda

Interest rates have been pushed higher in an effort to curb rocketing inflation, which has dented people's spending power.

Analysis: Borrowers praying for light at end of the interest rate tunnel

Interest rates have increased to 4%

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

The Bank of England, above, has voted to increase the base interest rate from 3.5 per cent to 4 per cent.

Interest rates jump to 4% but Bank of England offers glimmer of hope: reaction

Chancellor Jeremy Hunt last week talked up the UK economy and its growth prospects in his first major speech in the post

UK only major economy to shrink in 2023 - IMF

Rishi Sunak needs to do better than his target to cut inflation (Picture: Paul Ellis/AFP via Getty Images)

Sunak's inflation pledge may sound good, but he needs to try harder

Supermarket shoppers will have noticed many everyday items increasing in price several times over the past year.

Analysis: Inflation cools but data masks some shocking trends

UK inflation has fallen for a second month in a row but remains close to a 40-year high.

UK inflation falls slightly but remains close to 40-year high

Output contracted at one of the quickest rates in the past 14 years, as new order inflows weakened and supply-chain issues continued to bite, according to the report (file image). Picture: Robert Perry/Getty Images.

UK manufacturing sector 'ends 2022 on disappointing note', reaching 31-month low

Stuart Gillies is a Senior Associate at Dentons

Big-tech banking is here, so traditional firms and regulators need to be ready -...

High numbers of home-owners are set to refinance their mortgages in the coming year.

New mortgage borrowers could end up paying thousands more for a home loan

Jeremy Hunt who will set out a Spring Budget on March 15, 2023, the Treasury has said. Picture: Stefan Rousseau/PA Wire

Jeremy Hunt to set out Spring Budget in March

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