Welcome to the Money blog, Sky News' personal finance and consumer hub. Today we dive into the unexpected revival of the ...

Inflation in the U.K. dropped modestly in May as a drop in air fares and transport costs were largely offset by rising food ...

FTSE flat as inflation higher than expected before interest rates decision - Stock market reaction and business news from Wednesday ...

GBP/USD stepped into fresh bids at six-month highs on Wednesday after the Trump administration unveiled tariffs that overall came in better than many investors had feared based on President Donald ...

The Bank of England, Britain’s central Bank, is pictured in London on Dec. 19, 2024. The central bank put a dovish twist to an expected rate cut, sending the British pound and bond yields lower.

Andrew Bailey insisted there would be a ‘gradual and careful’ approach to further rate cuts - KIN CHEUNG/POOL/AFP via Getty Images The value of the pound has sunk sharply as the Bank of ...

The update by the Bank is said to summarise progress on a digital pound over the past year. The Bank states: "Providing banknotes as a universally accessible form of retail central bank money ...

The published design note identifies the key components the Bank and HM Treasury will explore in developing the blueprint. The blueprint is one of four workstreams in the digital pound design phase.

Before the war, the US Dollar exchange rate in the parallel market stood at SDG60. Over the past months, the Sudanese Pound’s value has plummeted by more than 350 per cent, leading to soaring prices ...

The Central Bank of Sudan (CBoS) yesterday announced the issuance of a new banknote of SDG1,000 as part of the bank's efforts to modernise the currency and improve the security standards used in ...