economy 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.
corporate 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 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 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 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
economy 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.
economy 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.
economy 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.
economy 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.
economy 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.
economy 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 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.
economy 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.
economy 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.
economy 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.
economy UK jobless rate unchanged, wage growth slows Unemployment in the UK fell by 60,000 in the final three months of 2015, but despite the strong labour market wage growth slowed.
Business Middle East No hurry to hike: pessimism from BoE on rates and OPEC on oil The Bank of England met on what was dubbed “Super Thursday” on hopes that Bank Governor Mark Carney would have something positive to say on interest
Business Middle East Pulling the strings: central banks' impact on global markets The Federal Reserve, Bank of of England and the People’s Bank of China. three central banks play a hugely influential role in the performances of the
Business Middle East Mounting uncertainty over US and UK interest rates This week, Business Middle East takes a look at interest rates in the UK and the US and when there could be a hike. In Business Snapshot, we analyse
economy Bank of England holds interest rates The Bank of England has decided to hold UK interest rates at 0.5 percent. The decision marks the 78th consecutive month of record-low rates. But
