GOT some cash burning a hole in your pocket? You could actually be sitting on a fortune far greater than you think, with some sought-after banknotes worth thousands of pounds. Collectors are always… ...

The Bank of England kept interest rates on hold at 4.75% in the final Monetary Policy Committee meeting of 2024. Full analysis from the MoneyWeek team.

Now, the rarest of these notes have raised nearly a million pounds for different charities. Spink & Sons held four auctions for £5, £10, £20 and £50 notes alongside the Bank of England’s ...

There are more than 4.6 billion Bank of England notes in circulation, worth about £82 billion. But could one in your wallet be worth more than face value to a collector?

During another lot, a sheet of 40 connected £50 notes - with a face value of £2,000 - sold for £26,000. That was a record for any Bank of England auction.

The new notes entered circulation for the first time on Tuesday and already members of the public have started flogging them on eBay for triple their face value.

The Bank of England, or BoE, is the central bank of the United Kingdom. Through its monetary tools and policy decisions, it can shape the pound exchange rate and influence international trade. Many ...

Close to £600m worth of £5 notes have been destroyed since 2020, with fewer than £500m worth of new bills printed over the same period, Bank of England figures show.

Metro Bank shares closed down 26% on Thursday following reports it was exploring options to raise as much as 600 million pounds ($728 million) in debt and equity to bolster its finances, the ...

News Politics Economy Five ways the falling value of the pound will impact on your daily life The financial markets reacted badly to Kwasi Kwarteng’s mini-budget last week. But how will it ...

The Bank of England said it will continue to swap old notes for their face value, but households are being warned to use up the 775million paper notes before the autumn deadline.