Case for the Bank of England to go further and faster with rate cuts: Oliver Wyman
Huw van Steenis, vice chair of Oliver Wyman and former advisor to Mark Carney, discusses the Bank of England's decision to ...
Rachel Reeves under pressure to axe winter fuel cut after £10billion Bank of England windfall
The chancellor was handed more room for manoevre as a result of a Bank of England decision to slow the pace of its ...
Bank of England Holds Off on Rate Cut After Fed Goes Big
The U.K. central bank left its key interest rate unchanged, taking a more cautious approach than the Federal Reserve.
UK debt hits 100% of GDP, adding to Rachel Reeves' headache
British government debt hit 100% of economic output for the first time in recent history and there was another large budget ...
Morning Bid: Central Bank Baton Passes to Japan, China
A bumper week of central bank meetings that included the U.S. Federal Reserve on Wednesday and the Bank of England on ...
UK consumer confidence tumbles in anticipation of ‘painful’ Budget
Starmer insists he is setting out reality of ‘badly damaged economy’ as GfK survey shows sharp fall in household morale ...
UK consumers take fright as new government warns of pain, survey shows
British consumers have turned more pessimistic after warnings by new Prime Minister Keir Starmer about the economy and the ...
Bank Of England Holds Rates Steady Amid Federal Reserve's 50-Basis-Point Rate Cut
The Bank of England held its interest rate steady following its August cut, despite the U.S. Federal Reserve opting for a 50 ...
American Banker4hOpinion
How the alchemy of banking helped create the modern state
In "Money and Promises," Paolo Zannoni, the historian, banker and executive deputy chairman of Prada, tells the tale of ...
Bank of England keeps its main interest rate on hold at 5% in wake of big Fed cut
The decision Thursday was widely expected amid ongoing concerns about inflation within the British central bank’s monetary ...
Bank policymaker says higher interest rates needed to ‘purge’ inflation risks
Catherine Mann, a member of the Bank’s rate-setting committee, raised concerns over inflation staying at its 2% target level.
Dawn8h
Bank of England freezes rate after jumbo US cut
LONDON: The Bank of England on Thursday kept its key interest rate at 5.0 pc, deciding against consecutive cuts one day after a bumper reduction from the US Federal Reserve. Following a regular ...