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Chancellor of the Exchequer Jeremy Hunt unveils a "mortgage charter", which includes a 12-month protection against repossession, to assist property owners with increasing mortgage costs caused by the Bank of England's interest rate hikes.
2023-06-23

The Bank of England's Monetary Policy Committee raises interest rates to 4.5%, the highest level in the UK since the 2008 financial crisis.
2023-05-11

The Court of Appeals for England and Wales overturns a ruling earlier this year by the High Court of Justice that stated the government of Venezuelan President Nicolás Maduro did not have the right to access the Central Bank of Venezuela's gold, worth more than US$1.8 billion, currently stored by the Bank of England due to the UK government's recognition of oppositional leader Juan Guaidó as the actual president.
2020-10-5

Iain Duncan Smith resigns his position as the United Kingdom's Secretary of State for Work and Pensions, in opposition to cuts in disability benefit proposed by George Osborne, the Chancellor of the Exchequer.
2016-03-18

Bank of England governor Mark Carney says the Bank will not consider raising United Kingdom interest rates until the unemployment rate has fallen to 7% or below.
2013-08-7

The Bank of England upgrades its forecast for the UK economy, and says that inflation will fall faster than previously predicted.
2013-05-15

Chancellor George Osborne accuses ministers in Gordon Brown's government of attempting to manipulate interest rates during the recession.
2012-07-4

Chancellor of the Exchequer George Osborne hails the results as proof that the economy is going through a steady recovery, but opposition Labour Party leader Ed Miliband asserts that the recent spending review and budget cuts will harm economic performance.
2010-10-26

In the United Kingdom, Chancellor George Osborne outlines a Comprehensive Spending Review which will see the biggest spending cuts in decades, totalling £81bn, with welfare, local government and police particularly affected.
2010-10-20

The Bank of England's governor Mervyn King admits the economy will not grow very much and inflation will stay higher for longer in the UK, describing as a "choppy recovery" being ahead over the next two years.
2010-08-11