Try from €1.50 / week
A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC
economy
business
The Bank of England bolstered expectations that it will raise rates for only the second time since the financial crisis at its next meeting in August, after its chief economist unexpectedly joined the minority of policymakers calling for a hike.
Fri, 22 Jun, 2018
The Bank of England will be looking to see if Britain’s economy has recovered from a severe winter chill as it weighs the prospects for a future interest rate rise this week.
Wed, 20 Jun, 2018
It may have taken some time to register, but the UK vote for Brexit in mid-2016 is now really reaping its toll on the British economy.
Tue, 15 May, 2018
Bank of England rate setters have sent mixed signals over whether to hike interest rates next month, pointing to the prospect of a split vote.
Fri, 20 Apr, 2018
The Bank of England has warned that Brexit still poses "material risks" to Britain's powerhouse financial services sector despite efforts to ease disruption.
Fri, 16 Mar, 2018
Irish-founded financial services group IFG has said the Bank of England’s recent interest rate rise will boost revenues and operating margins next year.
Sat, 11 Nov, 2017
A Bank of England official has said Britain's powerhouse financial services sector could shed 10,000 jobs on day one of Brexit and it was "plausible" the losses may reach 75,000.
Wed, 01 Nov, 2017
Bank of England governor Mark Carney has said a transition agreement for EU withdrawal is in everyone’s interest and said it may be appropriate to raise interest rates as Brexit-fuelled inflation is set to rise further.
Wed, 18 Oct, 2017
British inflation hit its joint highest level in more than five years in August, complicating the Bank of England’s job this week of explaining why it is not raising interest rates.
Wed, 13 Sep, 2017
The Bank of England has warned economic growth will remain "sluggish" as it kept interest rates on hold amid a tightening squeeze on family incomes.
Thu, 03 Aug, 2017
Financial markets are not expecting any increase in UK rates in the coming 12 months despite a pick-up in inflation to 2.9%.
Tue, 27 Jun, 2017
The Bank of England shocked financial markets yesterday when it said three of its policymakers voted for an interest rate increase, the closest it has come to raising rates since 2007, despite signs of a slowdown in the UK economy.
Fri, 16 Jun, 2017
More British lenders plan to rein in the supply of credit to consumers in the next three months than at any time since the financial crisis, according to a Bank of England survey that may add to concerns about the UK economic outlook ahead of Brexit.
Fri, 14 Apr, 2017
The Bank of England has been criticised after splashing out more than £3,000 on a leaving party for former deputy governor Dame Minouche Shafik.
Sun, 09 Apr, 2017
The Bank of England is unlikely to be able to predict the next financial crisis, despite having learned from its "Michael Fish" moment, key staff have told UK MPs.
Tue, 21 Feb, 2017
Thu, 05 Jan, 2017
Last week’s November meeting of the Bank of England’s Monetary Policy Committee (MPC) concluded in line with market expectations for no changes to policy.
Tue, 08 Nov, 2016
The Bank of England is not indifferent to the level of sterling, its governor said yesterday, which has slumped in value since British voters decided to leave the EU in June.
Sat, 15 Oct, 2016
The Bank of England will not take instructions on its policies from politicians, Bank governor Mark Carney said, just a week after Prime Minister Theresa May took a swipe at the impact of the Bank's actions on "ordinary" people.
Fri, 14 Oct, 2016
A Bank of England policymaker has said he would not be surprised if the pound fell further, but that the Bank of England could overlook the effect of weak sterling on inflation, possibly for years.
Wed, 12 Oct, 2016
Computer-driven hedge funds were most likely the main winners when sterling lost a tenth of its value to a 31-year low in a matter of minutes yesterday, investors said.
Sat, 08 Oct, 2016
The pound fell the most in more than two weeks as Bank of England policymakers signalled further monetary easing is possible amid economic uncertainty after the UK voted to leave the EU.
Thu, 08 Sep, 2016
Thu, 11 Aug, 2016
As expected, the Bank of England announced a 25 basis points cut in its bank rate to 0.25% from 0.50% following last week’s meeting of its Monetary Policy Committee (MPC).
Tue, 09 Aug, 2016
The Bank of England’s top two monetary policymakers yesterday said UK interest rates may need to fall further, as surveys sustained their view that even a “sledgehammer” stimulus will not be enough to fully counter a post-Brexit vote slowdown.
Sat, 06 Aug, 2016
Fri, 05 Aug, 2016
Sterling was little changed at 83.93 pence against the euro, but dropped to $1.3323 against the dollar as the Bank of England prepared to announce its interest-rate decision today.
Thu, 04 Aug, 2016
The Bank of England is almost certain to cut benchmark borrowing costs when it sets policy next week, but a slim majority of economists in a Reuters poll said it would hold off for now on restarting its asset purchase programme.
Wed, 27 Jul, 2016
UK manufacturing confidence dropped to its lowest since the last recession after Britain voted to leave the EU, according to the Confederation of British Industry.
Tue, 26 Jul, 2016
The Bank of England wrong-footed investors by keeping interest rates on hold, but held out the prospect of a stimulus package soon to help the economy cope with Britain’s decision to leave the EU.
Fri, 15 Jul, 2016
The Bank of England held fire on delivering a post-Brexit vote boost for the economy as it kept interest rates on hold once more, but signalled that a cut may be on the cards next month.
Thu, 14 Jul, 2016
Mark Carney will face a policy quandary if Britain votes to leave the European Union this week, according to former Bank of England deputy governor John Gieve.
Tue, 21 Jun, 2016
The Bank of England plans to launch a financial technology accelerator programme to tap the expertise of start-ups as a flurry of innovations reshape finance.
Sat, 18 Jun, 2016
The Bank of England escalated its warnings about the fallout from a British vote to leave the European Union next week, saying it could harm the global economy and sterling looked increasingly likely to fall further after an “Out” decision.
Fri, 17 Jun, 2016
As expected, the May meeting of the Bank of England’s Monetary Policy Committee (MPC) last week concluded with no changes to policy.
Tue, 17 May, 2016
The Bank of England could be forced to downgrade its forecast for UK growth on Thursday, if it thinks the economy is slowing down ahead of June's Brexit vote.
Fri, 06 May, 2016
The Bank of England will leave British interest rates at a record low until next year as stuttering global growth and inflation nowhere near target ties the central bank’s hands, a Reuters poll found.
Tue, 05 Apr, 2016
The Bank of England has recommended tighter lending criteria for buy-to-let mortgages and it is monitoring for signs that risks are accelerating.
Wed, 30 Mar, 2016
The Bank of England has warned over a potential credit crunch and urged lenders to bolster their balance sheets ahead of the EU referendum.
Tue, 29 Mar, 2016
Last week’s meeting of the Bank of England’s Monetary Policy Committee (MPC) concluded in line with market expectations, with no changes to policy.
Tue, 22 Mar, 2016
Bank of England policymakers said sterling had been dealt a big hit by uncertainty in the run-up to the referendum on EU membership and that growth could slow, after voting unanimously to keep rates steady.
Fri, 18 Mar, 2016
Mark Carney’s scope to sidestep the Brexit question is dwindling. With a referendum on Britain’s EU membership looming, the Bank of England governor has spent months trying to skirt the highly charged debate.
Tue, 08 Mar, 2016
Mon, 29 Feb, 2016
News
Thursday, October 23, 2025 - 6:00 AM
Wednesday, October 22, 2025 - 11:00 PM