Banking Chief welcomes new notes featuring King's portrait

Chief Cashier of the Bank of England Sarah John has welcomed the new bank notes featuring a portrait of His Majesty The King. The King welcomed Mrs John and Governor of the Bank of England Andrew Bailey to Buckingham Palace, where he was presented..

The King is presented with bank notes featuring his portrait

The King welcomed Bank of England Governor Andrew Bailey to Buckingham Palace, who presented him with the first bank notes featuring his portrait as monarch. The portrait of His Majesty which appears on the notes is based on a portrait that was..

Bank of England keeps interest rates on hold

The Bank of England has voted to keep interest rates unchanged, but showed what was perhaps the clearest sign in years that cuts could come in the months ahead. Bank governor Andrew Bailey said the economy is “not yet at the point” where rates can..

Chancellor hails inflation rate fall to 3.4%

Chancellor Jeremy Hunt announces UK inflation fell to the lowest level in more than two years, to 3.4%. He would not be drawn on whether the fall would allow him to announce pre-election tax cuts in an autumn statement. Mr Hunt said: “What I’m..

Is Andrew Bailey a good Bank of England Governor? Interview with Alex Brummer

In this interview with Alex Brummer (City Editor of the Daily Mail) in 2022 - when the interest rate hikes were just starting - we discussed whether Andrew Bailey is doing a good job as the Governor of the Bank of England. Alex outlined..

New Charles III banknotes on display at Bank of England exhibition

The new currency is being shown at a museum before entering circulation on 5 June.

King Charles banknotes go on display

New banknotes and coins bearing the image of King Charles III are on display at the Bank of England museum in London.