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.
Pound slides as UK rate hike prospect dims
The pound sank close to $1.40 on Friday after Bank of England Governor Mark Carney suggested that it was not guaranteed to hike its main interest rate next month.
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.
Bank of England tightens capital requirements as debt surges
The Bank of England on Tuesday said retail lenders need combined capital reserves of £11.4 billion ($14.5 billion, 12.9 billion euros) by the end of next year as UK household indebtedness surges.
British PM backs Bank of England boss Carney
British Prime Minister Theresa May on Monday threw her weight behind Bank of England governor Mark Carney, who faces intense speculation over his future.