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All Stories: Bank of England

Bank of England scrutinizes lenders for dollar risk amid Trump worries, sources say

LONDON: The Bank of England has asked some lenders to test their resilience to potential U.S. dollar shocks, three sources said, the latest sign...

Bank of England to press on with digital currency

The Bank of England is reluctantly pressing on with work to create a form of digital currency accessible to the general public, as commercial...

Bank of England moves closer to first rate cut since 2020

The Bank of England (BoE) took another step towards lowering interest rates, as a second official backed a cut and Governor Andrew Bailey said...

Bank of England faces rate-hike dilemma

LONDON: The Bank of England is expected to raise its key interest rate for a 15th straight time Thursday but the possibility of a...

High UK inflation piles pressure on Bank of England

LONDON: Britain's annual inflation rate unexpectedly remained at 8.7 percent in May, official data showed Wednesday, piling pressure on the Bank of England and...

Bank of England unveils first notes featuring King Charles

The Bank of England unveiled its first bank notes featuring King Charles on Tuesday, which will enter into circulation from the middle of 2024...

Bank of England lifts interest rate to 14-year high

The Bank of England (BoE) on Thursday hiked its interest rate by half a point to 3.5 percent, the highest level in 14 years,...

Bank of England raises rates by most since 1989

The Bank of England (BoE) raised interest rates by the most since 1989 on Thursday but it also warned that Britain faced a long...

Bank of England set for biggest rate hike in 33 years

The Bank of England is widely expected to hike its key interest rate on Thursday by the biggest amount since 1989 as it bids...

Bank of England announces more market support measures

LONDON: The Bank of England on Monday said it was launching a temporary facility aimed at easing liquidity pressures that arose after the UK...

Bank of England raises rates to 2.25%, despite likely recession

The Bank of England raised its key interest rate to 2.25% from 1.75% on Thursday and said it would continue to "respond forcefully, as...

Bank of England audio leak gave head start on briefings

A rogue supplier has been misusing audio feeds from Bank of England (BoE) news conferences this year, the central bank said

Protesters in UK ask Bank of England to return Venezuela’s gold

Venezuelan president Nicolas Maduro has been trying for several months to repatriate international gold reserves deposited in London.

UK government, Bank of England to spell out no-deal Brexit risks for economy

LONDON: The British government and the Bank of England are likely to step up their warnings on Wednesday of a hit to the economy...

Bank of England chief Carney extends post-Brexit stay

LONDON: Mark Carney will remain Bank of England chief until January 2020 to steer the UK economy through possibly "quite a turbulent period" post-Brexit,...

Bank of England to take to ‘all necessary steps’ after Brexit vote

LONDON: The Bank of England will take "all necessary steps" to ensure monetary and financial stability after Britain's decision to leave the European Union, it said Friday.

New banknote thrusts Churchill back into EU debate

LONDON: The Bank of England unveiled its first plastic banknote on Thursday, featuring World War Two leader Winston Churchill and giving campaigners in Britain's European Union referendum an opportunity to renew their skirmishes.

Canada politician mistakes Bank of England governor for actor

OTTAWA: One of the world's most famous central bank chiefs, Bank of England Governor Mark Carney, briefly became the late American actor Art Carney during a Canadian election debate on Friday.

Bank of England sits tight on interest rate

LONDON: The Bank of England on Thursday voted to keep its main interest rate at 0.50 percent against a backdrop of sliding British inflation.
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