Bank of England readies rate cut and could hint at more to come
The Bank of England looks likely to cut interest rates next week, when it could also nudge investors to expect faster reductions than they currently predict as the economy flatlines.
Five graphs the Bank of England will assess before interest rate decision
The Bank of England's first interest rate decision of 2025 will take place next week, and investors widely expect rate-setters to reduce borrowing costs for a third time.
Remember the U.K. debt crisis under Liz Truss? Bank of England now has a formal process to handle it.
The Bank of England on Tuesday announced a new emergency measure to deal with debt-market instability like that seen during Liz Truss’s brief tenure as prime minister in 2022.
Sterling treads water as markets look to Bank of England
The pound was little changed on Thursday as markets were focused on a raft of major central bank meetings that will culminate with the Bank of England next week.
BoE's Bailey Says Bank Rules Were Delayed Because of US Competition
LONDON (Reuters) - The Bank of England delayed introducing new rules for banks to avoid putting British firms at a competitive disadvantage to the U.S. where President Donald Trump has promised to cut back on regulation for business, BoE Governor Andrew Bailey said.
The Pound’s Slump Adds to Inflation Headache at Bank of England
The Bank of England faces an extra dilemma ahead of next week’s interest-rate decision, with the slump in the value of the pound threatening to add to resurgent price pressures.
Mortgage approvals to home buyers edged up in December, Bank of England figures show
The number of mortgage approvals for home buyers saw a slight increase in December, as reported by the Bank of England.
Recession fears grow with pressure on Bank of England to cut rates
Bosses in the private sector expect a "significant fall" in activity over the next three months, according to a survey by the Confederation of British Industry (CBI).
Bank of England appoints Andrea Enria to Prudential Regulation Committee
The Bank of England on Tuesday appointed one of its senior advisers, Andrea Enria, to the Prudential Regulation Committee. "His extensive global experience of financial regulation and supervision will help him provide unique insights to the committee,
Bank of England is squeezing small banks too hard
Politicians want growth; bank regulators want safety. This puts the watchdogs in an unenviable position. If they relax the rules and the economy expands, they are unlikely to get credit. If it all comes unstuck, they get hauled over the coals.
No trade off between financial stability and growth, warns Bank of England
Governor Andrew Bailey has stressed the need for the UK to increase its economic growth rate as Rachel Reeves set out plans to kick start the economy.
Bank of England launches emergency fund to prevent repeat of £45bn gilts crisis
The UK's central bank has launched an emergency lending facility to prevent a repeat of the hike in government borrowing experienced in 2022.