Bank of England
Bank of England slashes UK growth outlook on Brexit
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.
Bank of England holds rate awaiting Brexit deal
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.
Bank of England holds interest rate at 0.5%
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.
Banks could support UK economy in disorderly Brexit
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.
Pound slumps after Bank of England update
The British pound dropped to this year's lowest point against the euro in reaction to the Bank of England cutting its forecast for the UK economy as it left leading interest rates unchanged.
Bank of England staff strike for first time in 50 years
Staff at the Bank of England began a three-day strike Tuesday, the first at Britain's central bank in more than 50 years, as part of a dispute over pay.
Bank of England holds rate; trims growth forecast
The Bank of England on Thursday held its main interest rate at a record low 0.25 percent and crimped its economic growth forecast as Brexit uncertainties hit consumption.
U.K. inflation rate rises less than expected
U.K. inflation picked up less than economists forecast in January as clothing-store discounts kept the rate from reaching the Bank of England’s target.