The Bank of England looks likely to cut interest rates next week, when it could also nudge investors to expect faster reductions than they currently predict as the economy flatlines.
Friday marks five years since Britain left the European Union on Jan. 31, 2020. People and businesses are still wrestling with the economic, social and cultural aftershocks.
The Bank of England must contend with a slowdown in Britain's economy but also stubborn inflation pressures when it considers whether to cut interest rates in early February as well as its message about the outlook for the rest of the year.
LONDON (Reuters) -The Bank of England launched on Tuesday a new financial stability tool that insurers and pension funds can use during periods of turbulence in Britain's government bond market. The Contingent Non-Bank Financial Institution Repo (CNRF) allows companies to borrow cash from the BoE using gilts they own as collateral.
“He besmirched the reputation of the Bank of England by involving himself in politics and essentially being the patsy of the government on Brexit. Instead of a first-rate banker, we got a second ...
The Bank of England is facing a growing clamour to make as many as six cuts in interest rates to save the economy from a recession. Goldman Sachs has issued a new forecast that UK interest rates ...
Carney reportedly saw the Bank of England position as a stepping stone for his political ambitions in Canada when Trudeau stood down.
It took six years for the majority of the British public to admit we were wrong to leave the EU, according to pollsters. Let’s hope Americans swallow their pride a little sooner – because unlike us, they don’t have to live with their mistake forever. In four years time, they get to choose again.
Pembroke VCT boss Andrew Wolfson has backed brands like TALA and Pasta Evangelists. He tells us the wisdom he's picked up along his career.
New York leads the list, with London in second place and Hong Kong in third in the Global Financial Centres Index.
British house prices lost some of their momentum in January when they rose by just 0.1% compared with December, but the market remains resilient in face of financial strains on buyers, mortgage lender Nationwide said on Friday.
"Shameful", reads the Daily Mirror's headline as it covers Donald Trump's blame for the Washington air collision on diversity hires. The paper calls it a "new low" for what is says is the deadliest air tragedy in the US since 2001. The paper quotes the former US transport secretary as saying: "Trump should be leading, not lying".