BoE

Dollar Surges Amidst Plummeting UK Inflation, Stirring Rate Cut Speculations

In a notable turn, the US dollar has gained strength against the British pound, fueled by a significant drop in…

2 years ago

Bank of England Considers Overhaul of Clearing House Regulations

In summary, the Bank of England is planning "fundamental rules" for clearing and settlement houses in the UK. These rules…

2 years ago

Bank of England Holds Steady Amidst Economic Challenges

The Bank of England's recent decision to maintain historically high-interest rates reflects its commitment to navigating a challenging economic landscape.…

2 years ago

Bank of England Governor Suggests Peak in Interest Rates Nearing Amid Stubborn Inflation

In Governor Andrew Bailey's recent statement, we see the Bank of England navigating a challenging economic terrain, striving to combat…

2 years ago

The Delicate Balancing Act of Interest Rates, Bank of England’s Dilemma Amidst Persistent Inflation

Navigating the complexities of persistent inflation, the Bank of England faces a crucial dilemma. While some economists argue for sustained…

2 years ago

Bank of England Set to Tackle Inflationary Pressures with Potential Interest Rate Hike

The Bank of England's potential interest rate hike reflects its commitment to tackling inflationary challenges and ensuring economic stability. As…

2 years ago

UK labour market exodus drives jobless rate down to 3.5%

Britain reported a record jump in the number of people leaving the labour market in the three months to August,…

3 years ago

Analysis: Sterling returns to the 1980s, and it may get cheaper still

Sterling's slide against the dollar to a rate last seen in 1985 has sparked talk of a dramatic spiral downwards…

3 years ago

Bank of England tells lenders to brace for economic storm

The Bank of England warned on Tuesday that the economic outlook for Britain and the world had darkened and told…

3 years ago

Bank of England raises rates to 0.75%, less sure about future moves

The Bank of England raised interest rates on Thursday for a third meeting running, as expected, but softened its language…

4 years ago