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.
London gold market queues up to borrow central bank gold after big shipments to US, sources say
London bullion market players are racing to borrow gold from central banks, which store bullion in London, following a surge in gold deliveries to the United States on speculation of potential import tariffs there,
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.
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.
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.
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).
UK Budget fallout adds to Bank of England dilemma on interest rates
Employers are cutting jobs and raising prices to offset tax increases, with wages still growing too fast for policymakers’ comfort
Hosted on MSN22h
Bank of England unveils safety net for pensions in wake of gilt market turmoil
The Bank of England has opened applications for a new emergency lending tool which is designed to protect pension funds during times of severe market stress. The Contingent NBFI Repo Facility (CNRF) will provide crucial support to non-banking financial institutions by offering emergency loans during periods of market turbulence.
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.