Bank of England

Almost 5% decline to $1.035 when Asia trading opened

Chancellor Kwasi Kwarteng's speech confirmed OBR report to come

The 0.5 percentage point increase was smaller than predicted

More than doubling today’s interest rate

'Unimaginable for personal finances'

Financial regulation overhaul

Above expectations of 9.8%

Inflation hits wages

Inflation peak of 13%

'A rough terrain for regulators'