Bank of England
The Bank of England on Thursday maintained its stimulus amount and record-low interest rate, even as it warned that UK annual inflation would top four percent this year.
The Bank of England predicted the UK annual inflation rate to continue surging this year as pandemic-hit economies reopen, but kept its record-low interest rate and emergency stimulus intact.
The Bank of England on Thursday unveiled a new design for Britain's top-value banknote featuring gay World War II code-breaker Alan Turing, celebrating diversity even as cash falls out of favour.
1 Apr 2020
Britain's banking sector on Wednesday scrapped billions of pounds (dollars) in shareholder dividends and share buybacks after the Bank of England requested the move to boost liquidity and help cope with the coronavirus crisis.
20 Dec 2019
Britain's finance minister on Friday named Andrew Bailey, the head of the Financial Conduct Authority regulator, as the new governor of the Bank of England to guide it through Brexit.
15 Jul 2019
The Bank of England on Monday said World War II code-breaker Alan Turing had been chosen to feature on the back of Britain's new £50 banknote ($63, 56 euros).
26 Feb 2019
The Bank of England on Tuesday said it was preparing to give lenders greater access to cash borrowing in its latest move to help bring financial stability ahead of Brexit.
7 Feb 2019
The Bank of England on Thursday slashed its forecast for UK growth this year to 1.2 percent from 1.7 percent, blaming the downgrade on a global economic slowdown and Brexit.
20 Dec 2018
The Bank of England has voted to keep its main lending rate at 0.75 percent faced with "intensified Brexit uncertainties", minutes of its latest regular monetary policy meeting revealed Thursday.
10 May 2018
The Bank of England on Thursday left its key interest rate at 0.50 percent as it slashed the growth forecast for the British economy less than one year before Brexit.
14 Dec 2017
The Bank of England kept its key interest rate at 0.5 percent at its final meeting of the year, it said Thursday while keeping an eye on Britain's Brexit-fuelled inflation.
28 Nov 2017
Britain's lenders could support the economy through a "disorderly" Brexit, the Bank of England said Tuesday, as the sector passed its latest round of stress tests.