United Kingdom 01/12/2016 Bank note controversy in UK The Bank of England’s new plastic five pound note has fallen foul of vegans and members of the UK’s Sikh and Hindu communities.
Business 03/11/2016 Bank of England drops planned UK interest rate cut The Bank of England has scrapped plans to cut UK interest rates and took a neutral stance as it raised its forecasts for growth and inflation in 2017.
Business 31/10/2016 Bank of England governor Mark Carney to stay until June 2019 Bank of England Governor Mark Carney is to stay in that job until the end of June 2019 to help smooth Britain's departure from the European Union.
Business 10/10/2016 Brexit vote fears hit UK business sentiment The latest UK business surveys seem to show the economy losing steam with company bosses lacking confidence about investment and hiring workers.
Business 21/09/2016 OECD forecasts weak global growth, not enough to meet expectations of young and old The Organisation for Economic Cooperation and Development says global economic growth will flounder this year and next as globalisation stalls.
Business 15/09/2016 UK central bank signals new rate cut to head off Brexit vote slowdown Britain’s central bank has left the cost of borrowing unchanged but signaled a probable cut in the benchmark lending rate to just above zero later this year.
Business 05/08/2016 More massive losses at Royal Bank of Scotland Royal Bank of Scotland has sunk deeper into the red and said it is likely to take even longer than expected to return to profit.
United Kingdom 04/08/2016 Bank of England fights Brexit vote slowdown with stimulus Britain's central bank has unveiled a series of stimulus measures to help protect the economy from the effects of the vote to leave the European Union.
markets 04/08/2016 Shares rise, pound drops on UK stimulus measures UK finance minister Philip Hammond has welcomed the stimulus measures announced by the Bank of England; in reaction London's FTSE 100 share index rose and the pound fell in value.
United Kingdom 04/08/2016 Bank of England cuts the cost of borrowing to counter economic effects of Brexit vote The UK's central bank has cut its base interest rate for the first time in seven years, from 0.5 percent to 0.25 percent - a new record low
Business 27/07/2016 UK economy was growing before Brexit vote, retail sales fall since vote Newly released statistics show that before the Brexit vote the UK's economy grew fairly robustly and after the vote British retailers suffered their sharpest fall in sales in four years.
Business 14/07/2016 Bank of England surprises investors with no change to UK interest rates The Bank of England has left the cost of borrowing unchanged in Britain - for now - which pushed down share prices in London and boosted the pound against the dollar and the euro.
Business 12/07/2016 Bank of England's Carney defends Brexit warnings Accused of putting out "scare stories" and "phony forecasts" before the EU referendum, Bank of England Governor Mark Carney has defended warnings about the economic risks of Brexit.
Business 05/07/2016 Bank of England eases rules for banks to encourage lending and meet Brexit challenge Britain's central bank has announced further measures to protect from the effects of Brexit including lowering the amount of money that banks have to keep in reserve so more cash will be loaned out.
Business 30/06/2016 Bank of England flags up summer stimulus to counter Brexit effects The Bank of England's Governor Mark Carney has said more stimulus will probably been needed for the UK economy over the summer to counter the effects of Brexit.
Business 24/06/2016 Bank of England and ECB take measures to reassure markets The Bank of England Governor Mark Carney has said its ready to intervene and provide additional help to prop up financial markets.
United Kingdom 24/06/2016 Bank of England poised to stem Brexit shockwaves The Bank of England Governor Mark Carney has said its ready to intervene and provide additional help to prop up financial markets.
Business 16/06/2016 Bank of England spat with Vote Leave over Brexit comments The Bank of England governor Mark Carney has clarified comments he made on the upcoming EU referendum.
Business 17/05/2016 UK April inflation slips Inflation in British slipped in April for the first time since September last year. Consumer prices rose 0.3 percent from April 2015 as the cost of airfares and clothes fell.
Business 12/05/2016 UK central bank warns 'Brexit could trigger recession' Bank of England Governor Mark Carney has stepped up his warnings about the economic risks if Britain votes to leave the European Union, with even the possibility of a technical recession.
