Bank of England

'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

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

The Bank of England in London has the nickname of The Old Lady of Threadneedle Street. Picture: AFP/Getty Images

Interest rates: Bank of England's inflation obsession could prove painful

Edward Kane and The Letters of Comfort, Chapter 10: Four Months to Live. ILLUSTRATION: Lesley-Anne Barnes Macfarlane

Edward Kane and The Letters of Comfort. Chapter 10: Four Months to Live

The Bank of England hikes interest rates for a ninth time in a row to a 14-year high of 3.5%, pressing ahead with efforts to tame inflation

Bank of England raises interest rate to 14 year high

Image: Adobe Stock

Kirsty McLuckie on negative equity

House prices across the UK fell in October, a Nationwide report has showed

‘Average UK house price fell by 1.4% month on month in November’

The Bank of England has announced its biggest interest rate increase in three decades as it tries to beat back stubbornly high inflation.

Interest rate rise is bad news for borrowers, but more positive for savers

Kwasi Kwarteng refused to apologise for the impact of the mini-budget on the people.

Kwasi Kwarteng says he warned Liz Truss of her downfall

Still friends? Kwasi Kwarteng says he hasn't returned a missed call from Liz Truss from a few days ago.

Kwasi Kwarteng says he told Liz Truss to slow down on economic changes

Joining Efta would give the UK access to the single market and enable public services and companies to employ much needed staff from the EU (Picture: Ralph Orlowski/Getty Images)

Kenny MacAskill: With economy in serious trouble, UK must join EU single market

Fears over climate change have grown amid warnings that world leaders should "panic" and "code red for humanity". Photo: Danny Lawson/PA Wire

Leader: The global energy crisis and Cop27

Making a child money-wise is a good investment in their future, reckons reader

Readers' Letters: Young people must be taught how to budget

The Scotsman Top Stories

Handspring Puppet Company will be staging an adaptation of JM Coetzee's novel Life & Times of Michael K at this year's Fringe.

Edinburgh Festival Fringe: Leading venues announce hundreds of new shows

Sir Keir Starmer’s move to block Jeremy Corbyn from running to be a Labour MP at the next election has been backed by the party’s National Executive Committee (NEC).

Starmer’s move to block Corbyn from running to be Labour MP approved

Outgoing First Minister Nicola Sturgeon leaves the main chamber after her last First Minster's Questions in the main chamber of the Scottish Parliament in Edinburgh. Picture: Jane Barlow/PA Wire

Sturgeon officially tenders resignation as First Minister to King Charles III