The Bank of England had been sounding more hawkish in recent weeks, but sweeping tariffs from US president Donald Trump could force it to take a more aggressive approach with interest rate cuts.
Britain’s economy is driven by domestic factors more than global ones right now, the governor of the Bank of England said on Thursday, when the central bank cut interest rates. By Eshe Nelson ...
Kylie is the Global Live Pages Editor, leading a team providing real-time multimedia coverage of the biggest breaking stories worldwide. She previously worked on the UK Breaking News team, and spent ...
The Bank of England has signaled a more pragmatic approach to stablecoin regulation as Deputy Governor Sarah Breeden outlined a vision for a “multi-money” payments system where digital tokens, ...
JACKSON HOLE, Wyoming (Reuters) -Britain faces an "acute challenge" over its weak underlying economic growth and reduced labour force participation since the COVID-19 pandemic, Bank of England ...
The Bank of England should stop selling gilts from its quantitative-easing portfolio because the sales are distorting monetary policy, a former BOE rate-setter warned. Sushil Wadhwani, who was a ...
Britain’s central bank is reportedly considering axing its central bank digital currency (CBDC) plans over concerns that it may not be beneficial to the bank or financial system. The Bank of England ...
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The BofE has been privately urging the banking industry to ...
A look back through history tells us that the current level of market concentration can be dangerous If top economists are to ...
The Bank of England has completed the replacement of the UK financial system’s “beating heart”, and is making good progress in its goal of providing “silent operations”. Its replacement of the ...