Thursday, 18th August 2022
Breaking News:

Mark Carney

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.
25 May 2018
Britain's economy has grown at the slowest pace in more than five years, official data showed Friday, as Bank of England governor Mark Carney warned about a "disorderly" Brexit transition.
20 Apr 2018
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.
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.
1 Aug 2017
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.
27 Jun 2017
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.
31 Oct 2016
British Prime Minister Theresa May on Monday threw her weight behind Bank of England governor Mark Carney, who faces intense speculation over his future.
15 Sep 2016
The Bank of England said Thursday it was keeping its key interest rate at a record-low 0.25 percent, with no indication that the Brexit vote outcome was hurting the economy.
4 Aug 2016
The Bank of England on Thursday slashed interest rates to a record low 0.25 percent and announced a vast stimulus package to combat economic fallout from Britain's looming EU exit.


41 mins ago
Following weekend’s breakthrough, security forces have dislodged some bandits in their hide-out and rescued six hostages in Chikun Local Council of Kaduna State.
48 mins ago
Peoples Democratic Party (PDP) Governor of Rivers State, Nyesom Wike, has mocked candidates aspiring to succeed him from other political parties, saying they are without agenda for the state.
55 mins ago
The Nigeria Policy Institute, USA (NPI-USA), a non-partisan organisation, has pledged to support Anambra State Governor, Charles Soludo, in his infrastructure projects in the state.
1 hour ago
Delta Unity Group, a group within the Peoples Democratic Party (PDP) family, yesterday, said it would work assiduously with other stakeholders across Delta State,...
1 hour ago
African Union (AU) has collaborated with Trace TV to engage the creative community in pushing its Bingwa Initiative geared at increasing COVID-19 vaccination across Africa by 70 per cent in 2023.