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Results for

Bank of England

18 Results
  • UK pay growth slows as Bank of England mulls rates pause

    UK pay growth slows as Bank of England mulls rates pause

    Growth in pay in Britain - which the Bank of England is watching closely as it weighs up when to pause its run of interest rate hikes - lost pace in ...
    World News
  • Britain’s easing inflation puts end of BOE rate hikes in sight

    Britain’s easing inflation puts end of BOE rate hikes in sight

    Britain has turned the corner on the worst bout of inflation since 1981, raising the prospect that the Bank of England may soon complete its ...
    World News
  • British sterling slips as UK public borrowing hits November record

    British sterling slips as UK public borrowing hits November record

    Sterling slipped against the dollar and euro on Wednesday as British public borrowing hit a November record, underscoring the challenges for the UK ...
    Economy
  • Bank of England raises rates to 3.5 pct, expects more rises to tackle inflation

    Bank of England raises rates to 3.5 pct, expects more rises to tackle inflation

    The Bank of England raised its key interest rate to 3.5 percent from 3 percent on Thursday, its ninth rate rise in a row as it tries to speed ...
    Economy
  • UK’s Hunt says Thursday’s budget plan likely to show recession ahead

    UK’s Hunt says Thursday’s budget plan likely to show recession ahead

    British finance minister Jeremy Hunt said the budget plan he is set to announce on Thursday will include forecasts similar to those of the Bank of ...
    World News
  • Pound hits 37-year low below $1.12 as recession worries grow

    Pound hits 37-year low below $1.12 as recession worries grow

    The pound fell to a fresh 37-year low against the dollar Friday as traders grow increasingly worried about the economic outlook with central banks ...
    Banking & Finance
  • Bank of England raises rates to 2.25 percent despite likely recession

    Bank of England raises rates to 2.25 percent despite likely recession

    The Bank of England raised its key interest rate to 2.25 percent from 1.75 percent on Thursday and said it would continue to “respond forcefully, as ...
    Economy
  • UK’s Bank of England defends inflation tackling accusations ahead of Truss review

    UK’s Bank of England defends inflation tackling accusations ahead of Truss review

    The Bank of England on Wednesday defended itself against accusations of being too slow to tackle sky-high inflation, as new Prime Minister Liz Truss ...
    World News
  • UK’s Bank of England says it will probably need to raise interest rates again

    UK’s Bank of England says it will probably need to raise interest rates again

    The Bank of England will probably have to raise interest rates further from their current 14 year-high to tackle inflation pressures that are gaining ...
    Economy
  • Bank of England predicts recession at the end of the year

    Bank of England predicts recession at the end of the year

    The Bank of England projected Thursday that the United Kingdom’s economy will enter a recession at the end of the year as it hiked interest rates by ...
    Economy
  • Radicalism of ‘Trussonomics’ does not find backing among UK’s economists

    Radicalism of ‘Trussonomics’ does not find backing among UK’s economists

    The one thing UK Foreign Secretary Liz Truss insists she will not be in the Conservative Party leadership run-off against former Chancellor of the ...
    Economy
  • UK economy shrinks for second month in a row in April, weighed down by inflation

    UK economy shrinks for second month in a row in April, weighed down by inflation

    British economic output declined for a second month in a row in April, weighed down by decades-high inflation, official data showed Monday.Gross ...
    Economy
  • UK unemployment dips further but wages slide, worsening  cost-of-living crisis

    UK unemployment dips further but wages slide, worsening cost-of-living crisis

    Britain’s unemployment rate has fallen further, data showed on Tuesday, but sliding wages are continuing to worsen the nation’s cost-of-living ...
    Economy
  • BoE says ‘stablecoin’ payments need same regulation as banks once it gains in use

    BoE says ‘stablecoin’ payments need same regulation as banks once it gains in use

    The Bank of England said on Monday that payments with ‘stablecoins’ -- a form of crypto-currency usually pegged to a traditional currency -- should be ...
    Economy
  • Bank of England unveils new 50-pound banknote celebrating WW2 code-breaker Turing

    Bank of England unveils new 50-pound banknote celebrating WW2 code-breaker Turing

    The Bank of England unveiled the design of a new banknote celebrating mathematician Alan Turing, who helped Britain win World War Two with his ...
    Economy
  • BoE’s Haldane hopes coronavirus vaccine news will be quick game-changer for economy

    BoE’s Haldane hopes coronavirus vaccine news will be quick game-changer for economy

    Bank of England Chief Economist Andy Haldane said he was hopeful that the announcement of a breakthrough in the search for a COVID-19 vaccination ...
    Coronavirus
  • UK extends jobs rescue plan amid coronavirus lockdown, as BoE ramps up stimulus

    UK extends jobs rescue plan amid coronavirus lockdown, as BoE ramps up stimulus

    Finance minister Rishi Sunak ploughed more money into Britain's 200 billion-pound ($262 billion) economic rescue on Thursday in a coordinated move ...
    Coronavirus
  • Coronavirus: UK inflation hits four-year low

    Coronavirus: UK inflation hits four-year low

    Britain’s annual inflation rate slid to 0.5 percent in May, the lowest level in four years, as the country’s coronavirus lockdown dampens prices, ...
    Coronavirus
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