economy 03/08/2017 Brexit weighs on UK economy Interest rates in the UK have again been kept at their record low level of 0.25 percent
United Kingdom 12/07/2017 British pay growth lags further behind inflation, but jobless rate drops The new data complicates the debate among Bank of England officials over the need for higher interest rates
economy 27/06/2017 UK: Bank of England orders banks to build billions in reserves The Bank of England has ordered British banks to build up billions in cash reserves. It says capital buffers will need to be raised by nearly 13
economy 11/05/2017 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.
economy 27/03/2017 Bank of England to 'stress test' banks as Article 50 day looms Bank of England calls for Article 50 stress tests
economy 27/02/2017 UK services sector optimistic, CBI survey finds Optimism among businesses in Britain's services sector is now higher than at any time since June's vote to leave the European Union.
economy 02/02/2017 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.
Business Line 21/12/2016 It's not easy running a central bank in these strange political times Business Line reviews some of 2016's main economic changes and the responses of the Federal Reserve, the European Central Bank and Bank of England.
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.
economy 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.
economy 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.
economy 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.
economy 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.
economy 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.
corporate 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
economy 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.
