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UK inflation rate hits Bank of England target: Will Carney raise rates?
The UK’s Consumer Prices Index (CPI) inflation rate fell to two per cent in May, in line with the Bank [...]June 19, 2019
Facebook confirms launch of own cryptocurrency
By Gary McFarlane from interactive investor. The social media giant announces its own cryptocurrency, called ‘Libra’ that aims to be ‘global money’. Facebook [...]June 19, 2019
Bank of England calls ‘last orders’ on Libor as regulators push 2021 transition
The Bank of England has called “last orders” on the scandal-hit Libor interest rates as regulators push for financial institutions [...]June 5, 2019
RBS GRG scandal: The baggage that could drag down Andrew Bailey’s quest to lead the Bank of England
This summer, the Bank of England is expected to announce a successor to Mark Carney as governor. Among the runners [...]June 2, 2019
Ben Broadbent reappointed as Bank of England deputy
Ben Broadbent has been reappointed to his role as deputy governor for monetary policy at the Bank of England by the [...]May 31, 2019
Mortgage approvals rebound after delay on Brexit deadline
Mortgage approvals for house purchases hit a three-month high in April, rebounding after Britain's March deadline for Brexit was postponed. [...]May 31, 2019
Interest rates would be hiked if Britain achieves orderly Brexit, says Bank of England
Deputy governor of the Bank of England Dave Ramsden has said interest rates would need to be hiked if Britain [...]May 30, 2019
Online clothes shopping helps UK retail sales beat economists’ expectations in April
Online clothes purchases and warm weather helped UK retail sales beat economists' expectations in April, official statistics showed today. Read [...]May 24, 2019
UK inflation rises above two per cent target as energy costs increase
The UK’s core inflation rate climbed to 2.1 per cent in April, as rising energy costs pushed up by the [...]May 22, 2019
Sterling falls below $1.27 for first time since early January as Brexit fears intensify
Sterling has fallen below $1.27 for the first time since the beginning of the year as Brexit fears intensify. It [...]May 21, 2019Content tagged with "Bank of England"
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