Bank of England boss jets off as UK economy hits crisis and pound plunges
Andrew Bailey has joined Chancellor Rachel Reeves and senior financial figures including the Chair of HSBC on a trip to China ...
Bond Turmoil Raises Prospect of Slower Bank of England Rate Cuts
Britain’s market upheaval has put the spotlight on its Labour government this week, but economists say the Bank of England ...
Climate policies probably more inflationary than expected, says Bank of England deputy
Policies designed to fight climate change 'probably' had a bigger impact on the inflationary upheaval of recent years than ...
Bank of England Monitoring Gilt Market, But Sees Moves as Orderly, Says Breeden
So far the moves have been orderly,” Breeden said after a speech in Scotland. “So far so good.” ...
Huge bank with 2million customers to make big change to popular bank account in weeks
A MAJOR online-only bank with millions of customers is making a big change to a popular account in weeks. Chase is dropping the interest rate on its easy-access Chase Saver account from February ...
Rachel Reeves dealt massive blow as Bank of England exposes huge problem
Rachel Reeves’s Budget has come under more scrutiny following a new report by the Bank of England exposing worrying trends in ...
Firms to pass on tax hikes through lower wages in long run, Bank executive says
Sarah Breeden, the Bank’s deputy governor for financial stability, also said firms might respond to the tax rises by cutting ...
Bank of England’s deputy governor backs interest rate cuts, says hard to know how quickly
Sarah Breeden said on Thursday that she expects the ‘Bank Rate to come down over time as the effects of the large shocks of ...
Bank of England currency printer De La Rue receives takeover offer
The financier Edi Truell has made a 125p-a-share conditional cash offer for the company which has a currency-printing ...
Mark Carney: From running the Banks of England and Canada to trying to succeed Justin Trudeau
The former Governor of the Bank of England is a frontrunner to replace Justin Trudeau as Canadian prime minister ...
Bank of England interest rates fears as new forecasts issued
As a result, there has been pressure on the Bank of England to push ahead with cut in interest rates to promote spending and growth. This pressure has been countered by concerns about rising inflation ...