Wed, 25 Mar, 2020
Britain is expected to choose a new central bank chief this year to succeed Canadian Mark Carney, who will step down in June 2019, three months after the country’s scheduled exit from the EU. No one has yet thrown their hat into the ring to succeed him, but there are numerous contenders.
Wed, 10 Jan, 2018
The UK's financial watchdog has defended its handling of a report into Royal Bank of Scotland's treatment of small business customers following claims it failed to publish the document over fears of being sued.
Fri, 08 Dec, 2017
The Bank of England took a tougher approach towards banks over their booming lending to UK consumers, ordering them to apply credit rules prudently and prove by September they are not being too complacent about risks to their balance sheets.
Wed, 05 Jul, 2017
The UK’s top share index fell yesterday, depressed by a slide in oil stocks among others. The Ftse 100 index fell 0.6%. A brief recovery was brought to an end in afternoon trading when Bank of England governor Mark Carney said the bank would debate an interest rate increase in the coming months.
Thu, 29 Jun, 2017
The debate about the damage Britain’s decision to leave the EU will inflict on its own economy continued over the weekend, amid reports the Bank of England was readying measures to stop a slide in investors pulling out money from property funds exposed to the London property market.
Mon, 11 Jul, 2016
Fri, 16 Oct, 2015