Wednesday, 1st December 2021
Breaking News:

Bank of England

23 Sep
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.
5 Aug
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.
25 Mar
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.


6 mins ago
The Minister of Communications and Digital Economy, Prof. Isa Pantami has called for a global approach towards tackling cybercrime.
12 mins ago
Vice President Yemi Osinbajo says good agronomic practices by farmers will address the imminent rejection of Nigerian cocoa by the European Union beginning from 2022, due to continuous use of chemicals more than the original level.
16 mins ago
The Ministry of Labour and Employment has clarified its position in the case of the illegal recruitment raised in the establishment.
25 mins ago
We had a sit down with up and fast rising star Luddy Dave who about to drop his debut EP on the 3rd of December is titled H.E.R (Her Ecstatic Royalty). We also chatted about his journey into the music industry and what to expect moving forward from him.  How did you come about the…
32 mins ago
President Muhammadu Buhari Wednesday departed Abuja to attend EXPO 2020 Dubai in the United Arab Emirates (UAE). EXPO 2020 Dubai, with the theme, "Connecting Minds, Creating the Future", creates the environment for Nigeria to join over 190 countries to forge true and meaningful partnerships "to build a better future for everyone.” The Expo will provide…