Now playing Next United Kingdom Bank of England raises interest rates but Brexit fears weigh on pound The Bank of England lifted interest rates on Thursday, but the pound fell amid uncertainty over Brexit and cautious comments from the Bank’s Governor Mark Carney. 02/08/2018
Now playing Next Business A no-deal Brexit will have "big" economic consequences That's according to the Bank of England Governor Mark Carney who says it'll prompt a review of interest rates and leave many bankers idle 17/07/2018
Now playing Next Economy Bank of England rejects EU's warnings Britain's banks could deal with a hard Brexit next March if necessary. That's according to the Bank of England's Governor. Mark Carney rejects the European Union's warnings that lenders are inadequately prepared 27/06/2018
Now playing Next Italy World's powerful convene for Bilderberg meeting: What is it? Some 131 participants from 23 countries are gathering in Turin, Italy for the 66th edition of the Bilderberg Meetings. 07/06/2018
Now playing Next Argentina Brexit opportunity for Argentina Johnson say enhanced trade now possible. 23/05/2018
Now playing Next Economy UK growth revised down as slow production hits According to official figures the UK economy expanded by less than previously thought in the last three months of 2017 22/02/2018
Now playing Next Economy Plans for UK interest rate hike The Bank of England has revised its forecasts for the UK, saying that it now hoped that interest rates could rise faster than previously predicted 08/02/2018
Now playing Next Economy Global economy grows in 2017 The global economy improved in 2017 and will reach an eight-year high next year according to the Organisation for Economic Co-operation and Development. But needs private investment to sustain growth into 2019. 28/11/2017
Now playing Next Economy The Bank of England raises its interest rate to 0.5 pct from 0.25 pct, the first hike in 10 years Bank of England raises interest rate to 0.5 per cent in the first hike in a decade 02/11/2017
Now playing Next Economy UK jobless rate stays at record low Unemployment is at its lowest level for more than four decades but inflation threatens to rise 18/10/2017
Now playing Next Economy Brexit weighs on UK economy Interest rates in the UK have again been kept at their record low level of 0.25 percent 03/08/2017
Now playing Next Economy UK inflation at highest since 2013, wages not keeping up with prices Bad news for consumers as British Inflation hit its highest level in three and a half years in April with prices up by 2.7 percent from a year ago. 16/05/2017
Now playing Next Economy Bank of England says solid economic growth is linked to 'smooth' Brexit UK central bank cuts 2017 growth forecast only slightly, warns wages not keeping up with higher inflation means difficulty for British households. 11/05/2017
Now playing Next Economy UK inflation at 2.3 percent means dilemma for Bank of England policymakers British inflation shot past the Bank of England's 2.0 percent target last month, presenting the central bank with a dilemma over interest rates. 21/03/2017
Now playing Next Economy UK central bank raises growth outlook Bank of England raises forecast for UK economic growth this year, in no hurry to put up interest rates, sees inflation at 2.8 percent in early 2018. 02/02/2017